Sec. 504. A financing statement sufficiently indicates the collateral that it covers if the financing statement provides:

(1) a description of the collateral pursuant to IC 26-1-9.1-108; or

Terms Used In Indiana Code 26-1-9.1-504

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
(2) an indication that the financing statement covers all assets or all personal property.

As added by P.L.57-2000, SEC.45.