A financing statement sufficiently indicates the collateral that it covers if the financing statement provides:

Terms Used In Arizona Laws 47-9504

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Collateral: means the property subject to a security interest or agricultural lien. See Arizona Laws 47-9102
  • Financing statement: means a record or records composed of an initial financing statement and any filed record relating to the initial financing statement. See Arizona Laws 47-9102

1. A description of the collateral pursuant to section 47-9108; or

2. An indication that the financing statement covers all assets or all personal property.

  Previous section
Next section  
 Article 5 Contents