(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 § 47-9-509.

Terms Used In Tennessee Code 47-9-510

  • Person: includes a corporation, firm, company or association. See Tennessee Code 1-3-105
  • Record: means information that is inscribed on a tangible medium or that is stored in an electronic or other medium and is retrievable in a perceivable form. See Tennessee Code 1-3-105
(b)Authorization by one (1) 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 § 47-9-515(d) is ineffective.