LegalFix
Sign In

11 §9-1504. Indication of collateral

11 ME Rev Stat § 9-1504 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

§9-1504. Indication of collateral

A financing statement sufficiently indicates the collateral that it covers if the financing statement provides:   [PL 1999, c. 699, Pt. A, §2 (NEW); PL 1999, c. 699, Pt. A, §4 (AFF).]

(1).  A description of the collateral pursuant to section 9-1108;

[PL 1999, c. 699, Pt. A, §2 (NEW); PL 1999, c. 699, Pt. A, §4 (AFF).]

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

[PL 1999, c. 699, Pt. A, §2 (NEW); PL 1999, c. 699, Pt. A, §4 (AFF).]

(3).  An indication by the type of collateral defined in this Title, irrespective of whether such an indication would make possible the identification of the collateral in the manner necessary for a sufficient description pursuant to section 9-1108.

[PL 1999, c. 699, Pt. A, §2 (NEW); PL 1999, c. 699, Pt. A, §4 (AFF).]

SECTION HISTORY

PL 1999, c. 699, §A2 (NEW). PL 1999, c. 699, §A4 (AFF).

Previous Section
11 §9-1503. Name of debtor and secured party
Next Section
11 §9-1505. Filing and compliance with other statutes and treaties for consignments, leases, other bailments and other transactions