Sec. 9504.
A financing statement sufficiently indicates the collateral that it covers if the financing statement provides 1 of the following:
(a) A description of the collateral pursuant to section 9108.
(b) An indication that the financing statement covers all assets or all personal property.
History: 1962, Act 174, Eff. Jan. 1, 1964 ;-- Am. 1978, Act 369, Eff. Jan. 1, 1979 ;-- Am. 2000, Act 348, Eff. July 1, 2001
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