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Home » US Law » 2022 Code of Alabama » Title 7 - Commercial Code. » Article 9A - Secured Transactions. » Part 7 - Transition. » Section 7-9A-708 – Persons Entitled to File Initial Financing Statement or Continuation Statement.

Section 7-9A-708

Persons entitled to file initial financing statement or continuation statement.

A person may file an initial financing statement or a continuation statement under this part if:

(1) the secured party of record authorizes the filing; and

(2) the filing is necessary under this part:

(A) to continue the effectiveness of a financing statement filed before January 1, 2002; or

(B) to perfect or continue the perfection of a security interest.

(Act 2001-481, p. 647, §1.)