12A:9-510 Effectiveness of filed record.
12A:9-510. Effectiveness of Filed Record.
(a) Filed record effective if authorized. A filed record is effective only to the extent that it was filed by a person that may file it under 12A:9-509.
(b) Authorization by one secured party of record. A record authorized by one secured party of record does not affect the financing statement with respect to another secured party of record.
(c) Continuation statement not timely filed. A continuation statement that is not filed within the six-month period prescribed by 12A:9-515 (d) is ineffective.
L.2001, c.117, s.1; amended 2001, c.386, s.75.
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