440.9708 Persons entitled to file initial financing statement or continuation statement.
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440.9708 Persons entitled to file initial financing statement or continuation statement.
Sec. 9708.
A person may file an initial financing statement or a continuation statement under this part if both of the following apply:
(a)The secured party of record authorizes the filing.
(b)The filing is necessary under this part to do 1 of the following:
(i)To continue the effectiveness of a financing statement filed before this amendatory act takes effect.
(ii)To perfect or continue the perfection of a security interest.
History: Add. 2000, Act 348 , Eff. July 1, 2001