440.9510 Effectiveness of filing record.
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/mi/chapter-440/440-9510A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
440.9510 Effectiveness of filing record.
Sec. 9510.
(1)A filed record is effective only to the extent that it was filed by a person that may file it under section 9509.
(2)A record authorized by 1 secured party of record does not affect the financing statement with respect to another secured party of record.
(3)A continuation statement that is not filed within the 6-month period prescribed by section 9515(4) is ineffective.
History: Add. 2000, Act 348 , Eff. July 1, 2001