440.9808 Filing initial financing statement or continuation statement; conditions.
95 words·~1 min read·
/mi/chapter-440/440-9808A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
440.9808 Filing initial financing statement or continuation statement; conditions.
Sec. 9808.
A person may file an initial financing statement or a continuation statement under this part if all of the following are met:
(a)The secured party of record authorizes the filing.
(b)The filing is necessary under this part to do any of the following:
(i)To continue the effectiveness of a financing statement filed before the effective date of this amendatory act.
(ii)To perfect or continue the perfection of a security interest.
History: Add. 2012, Act 88 , Eff. July 1, 2013