41-09-130. (9-708) Persons entitled to file initial financing statement or continuation
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/nd/title-41/chapter-41-09-secured-transactions/41-09-130·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
statement.
A person may file an initial financing statement or a continuation statement under this part if:
1. The secured party of record authorizes the filing; and
2. The filing is necessary under this part:
a. To continue the effectiveness of a financing statement filed before July 1, 2001; or
b. To perfect or continue the perfection of a security interest.