A person may file an initial financing statement or a continuation statement under this chapter if the following conditions are satisfied:
(a) The secured party of record authorizes the filing.
(b) The filing is necessary under this division to accomplish either of the following:
(1) To continue the effectiveness of a financing statement filed before January 1, 2015.
(2) To perfect or continue the perfection of a security interest.
(Added by Stats. 2014, Ch. 284, Sec. 2. (AB 1858) Effective January 1, 2015.)
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