Persons Entitled to File Initial Financing Statement or Continuation 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. (Act 2001-481, p. 647, §1.)