A person may file an initial financing statement or a continuation statement under this part if:
(1) the secured party of record authorizes the filing; and
(2) the filing is necessary under this part:
(A) to continue the effectiveness of a financing statement filed before Laws 2000, chapter 399, takes effect; or
(B) to perfect or continue the perfection of a security interest.
History: 2000 c 399 art 1 s 137