4-9-504. Indication of collateral.
40 words·~1 min read·
/co/title-4-uniform-commercial-code/article-9-secured-transactions/4-9-504·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A financing statement sufficiently indicates the collateral that it covers if the financing statement provides:
(1)A description of the collateral pursuant to section 4-9-108; or
(2)An indication that the financing statement covers all assets or all personal property.