§ 9708
71 words·~1 min read·
/ca/commercial-code/9708A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A person may file an initial financing statement or a continuation statement under this chapter if both of the following conditions are satisfied:
(1)The secured party of record authorizes the filing.
(2)The filing is necessary under this chapter to do either of the following:
(A)To continue the effectiveness of a financing statement filed before July 1, 2001.
(B)To perfect or continue the perfection of a security interest.