Persons entitled to file initial financing statement or continuation statement

409.708 Persons entitled to file initial financing statement or continuation statement. A person may file an initial financing statement or a continuation statement under this subchapter if: (1) The secured party of record authorizes the filing; and (2) The filing is necessary under this subchapter: (a) To continue the effectiveness of a financing statement filed before July 1, 2001; or (b) To perfect or continue the perfection of a security interest. History: 2001 a. 10.