Sec. 708. A person may file an initial financing statement or a continuation statement under IC 26-1-9.1-701 through IC 26-1-9.1-709 if:
(1) the secured party of record authorizes the filing; and
(2) the filing is necessary under IC 26-1-9.1-701 through IC 26-1-9.1-709:
(A) to continue the effectiveness of a financing statement filed before IC 26-1-9.1 takes effect; or
(B) to perfect or continue the perfection of a security interest.
As added by P.L.57-2000, SEC.45.