US Lawyer Database

11 §9-1504. Indication of collateral

§9-1504. Indication of collateral A financing statement sufficiently indicates the collateral that it covers if the financing statement provides:   [PL 1999, c. 699, Pt. A, §2 (NEW); PL 1999, c. 699, Pt. A, §4 (AFF).] (1).  A description of the collateral pursuant to section 9‑1108;   [PL 1999, c. 699, Pt. A, §2 (NEW); […]

11 §9-1520. Acceptance and refusal to accept record

§9-1520. Acceptance and refusal to accept record (1).  A filing office shall refuse to accept a record for filing for a reason set forth in section 9‑1516, subsection (2) and may refuse to accept a record for filing only for a reason set forth in section 9‑1516, subsection (2).   [PL 1999, c. 699, Pt. […]

11 §9-1506. Effect of errors or omissions

§9-1506. Effect of errors or omissions (1).  A financing statement substantially satisfying the requirements of this part is effective, even if it has minor errors or omissions, unless the errors or omissions make the financing statement seriously misleading.   [PL 1999, c. 699, Pt. A, §2 (NEW); PL 1999, c. 699, Pt. A, §4 (AFF).] […]

11 §9-1507. Effect of certain events on effectiveness of financing statement

§9-1507. Effect of certain events on effectiveness of financing statement (1).  A filed financing statement remains effective with respect to collateral that is sold, exchanged, leased, licensed or otherwise disposed of and in which a security interest or agricultural lien continues, even if the secured party knows of or consents to the disposition.   [PL […]

11 §9-1509. Persons entitled to file a record

§9-1509. Persons entitled to file a record (1).  A person may file an initial financing statement, amendment that adds collateral covered by a financing statement or amendment that adds a debtor to a financing statement only if:   (a). The debtor authorizes the filing in an authenticated record or pursuant to subsection (2) or (3); […]

11 §9-1510. Effectiveness of filed record

§9-1510. Effectiveness of filed record (1).  A filed record is effective only to the extent that it was filed by a person that may file it under section 9-1509.   [PL 1999, c. 699, Pt. A, §2 (NEW); PL 1999, c. 699, Pt. A, §4 (AFF).] (2).  A record authorized by one secured party of […]

11 §9-1511. Secured party of record

§9-1511. Secured party of record (1).  A secured party of record with respect to a financing statement is a person whose name is provided as the name of the secured party or a representative of the secured party in an initial financing statement that has been filed. If an initial financing statement is filed under […]

11 §9-1512. Amendment of financing statement

§9-1512. Amendment of financing statement (1).  Subject to Section 9-1509, a person may add or delete collateral covered by, continue or terminate the effectiveness of or, subject to subsection (5), otherwise amend the information provided in a financing statement by filing an amendment that:   (a). Identifies, by its file number, the initial financing statement […]