Statement.
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 (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.
History: (Act 2001-481, p. 647, §1.)