Alabama Code 7-9A-708. Persons entitled to file initial financing statement or continuation statement

Current as of: 2024 | Check for updates | Other versions

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

person: includes a corporation as well as a natural person. See Alabama Code 1-1-1

(2) the filing is necessary under this part:

(A) to continue the effectiveness of a financing statement filed before January 1, 2002; or

(B) to perfect or continue the perfection of a security interest.