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336.9-510 Effectiveness of filed record.

(a) Filed record effective if authorized. A filed record is effective only to the extent that it was filed by a person that may file it under section 336.9-509.

(b) Authorization by one secured party of record. A record authorized by one secured party of record does not affect the financing statement with respect to another secured party of record.

(c) Continuation statement not timely filed. A continuation statement that is not filed within the six-month period prescribed by section 336.9-515(d) is ineffective.

HIST: 2000 c 399 art 1 s 81

* NOTE: This section, as added by Laws 2000, chapter 399, *article 1, section 81, is effective July 1, 2001. Laws 2000, *chapter 399, article 1, section 130.

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Revisor of Statutes