554.9504 Indication of collateral.
47 words·~1 min read·
/ia/chapter-554-uniform-commercial-code/554-9504A 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 554.9108; or
2. an indication that the financing statement covers all assets or all personal property.
2000 Acts, ch 1149, §75, 185, 187