Indication of collateral

810 ILCS 5/9-504 — under Uniform Commercial Code.

810 ILCS 5/9-504

(810 ILCS 5/9-504) (from Ch. 26, par. 9-504)

Sec. 9-504. Indication of collateral. A financing statement sufficiently indicates the collateral that it covers if the financing statement provides:

(1) a description of the collateral pursuant to Section 9-108; or

(2) an indication that the financing statement covers all assets or all personal property. (Source: P.A. 91-893, eff. 7-1-01.)