Effectiveness of filed record

(1) A filed record is effective only to the extent that it was filed by a person that may file it under KRS 355.9-509 or 355.9-513A. (2) A record authorized by one secured party of record does not affect the financing statement with respect to another secured party of record. (3) A continuation statement that is not filed within the six (6) month period prescribed by KRS 355.9-515(4) is ineffective.