Filing offices. Except as otherwise provided in subsection (b) of this Code section, if the law of this state governs perfection of a security interest or agricultural lien, the office in which to file a financing statement to perfect the security interest or agricultural lien is: The office designated for the filing or recording […]
Sufficiency of financing statement. Subject to subsection (b) of this Code section, a financing statement is sufficient only if it: Provides the name of the debtor; Provides the name of the secured party or a representative of the secured party; Indicates the collateral covered by the financing statement; and Where both (A) the collateral […]
Sufficiency of debtor’s name. A financing statement sufficiently provides the name of the debtor: Except as otherwise provided in paragraph (3) of this subsection, if the debtor is a registered organization or the collateral is held in a trust that is a registered organization, only if the financing statement provides the name that is […]
A financing statement sufficiently indicates the collateral that it covers if the financing statement provides: A description of the collateral pursuant to Code Section 11-9-108; or An indication that the financing statement covers all assets or all personal property. History. Code 1981, § 11-9-504 , enacted by Ga. L. 2001, p. 362, § 1. Law […]
Use of terms other than “debtor” and “secured party.” A consignor, lessor, or other bailor of goods, a licensor, or a buyer of a payment intangible or promissory note may file a financing statement, or may comply with a statute or treaty described in subsection (a) of Code Section 11-9-311, using the terms “consignor,” […]
Minor errors and omissions. 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. Financing statement seriously misleading. Except as otherwise provided in subsection (c) of this Code section, a financing statement […]
Disposition. 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. Information becoming seriously misleading. Except as otherwise provided in subsection […]
Financing statement naming original debtor. Except as otherwise provided in this Code section, a filed financing statement naming an original debtor is effective to perfect a security interest in collateral in which a new debtor has or acquires rights to the extent that the financing statement would have been effective had the original debtor […]
Person entitled to file record. 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: The debtor authorizes the filing in an authenticated record or pursuant to subsection (b) or (c) of this Code section; […]
Filed record effective if authorized. A filed record is effective only to the extent that it was filed by a person that may file it under Code Section 11-9-509. Authorization by one secured party of record. A record authorized by one secured party of record does not affect the financing statement with respect […]
Secured party of record. 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 subsection […]
Amendment of information in financing statement. Subject to Code Section 11-9-509, a person may add or delete collateral covered by, continue or terminate the effectiveness of, or, subject to subsection (e) of this Code section, otherwise amend the information provided in a financing statement by filing an amendment that: Identifies, by its file number, […]
Consumer goods. A secured party shall cause the secured party of record for a financing statement to file a termination statement for the financing statement if the financing statement covers consumer goods and: There is no obligation secured by the collateral covered by the financing statement and no commitment to make an advance, incur […]
Assignment reflected on initial financing statement. An initial financing statement may reflect an assignment of all of the secured party’s power to authorize an amendment to the financing statement by providing the name and mailing address of the assignee as the name and address of the secured party. Assignment of filed financing statement. […]
Five-year effectiveness. Except as otherwise provided in subsection (d) of this Code section, a filed financing statement is effective for a period of five years after the date of filing or until the twentieth day after any earlier maturity date required to be specified on the filed financing statement. Lapse and continuation of financing […]
What constitutes filing. Except as otherwise provided in subsection (b) of this Code section, communication of a record to a filing office and tender of the filing fee or acceptance of the record by the filing office constitutes filing. Refusal to accept record; filing does not occur. Filing does not occur with respect […]
The failure of the filing office or authority to index a record correctly does not affect the effectiveness of the filed record. History. Code 1981, § 11-9-517 , enacted by Ga. L. 2001, p. 362, § 1.
Statement with respect to record indexed under person’s name. A person may file in the filing office an information statement with respect to a record indexed under the person’s name if the person believes that the record is inaccurate or was wrongfully filed. The information statement shall be filed in the filing office of […]
