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

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Terms Used In Utah Code 70A-9a-708

  • Person: means :
         (24)(a) an individual;
         (24)(b) an association;
         (24)(c) an institution;
         (24)(d) a corporation;
         (24)(e) a company;
         (24)(f) a trust;
         (24)(g) a limited liability company;
         (24)(h) a partnership;
         (24)(i) a political subdivision;
         (24)(j) a government office, department, division, bureau, or other body of government; and
         (24)(k) any other organization or entity. See Utah Code 68-3-12.5
(2) the filing is necessary under this part:

     (2)(a) to continue the effectiveness of a financing statement filed before this act takes effect; or
     (2)(b) to perfect or continue the perfection of a security interest.