Indication of collateral

11A V.I.C. § 9-504 — under Secured Transactions.

11A V.I.C. § 9-504

(1) A financing statement sufficiently indicates the collateral that it covers if the financing statement provides:(1) a description of the collateral pursuant to § 9–108; or(2) an indication that the financing statement covers all assets or all personal property.

(1) a description of the collateral pursuant to § 9–108; or

(2) an indication that the financing statement covers all assets or all personal property.