California · Commercial Code

COM §9708: A person may file an initial financing statement or a continuation statement under this chapter if both of the following conditions are satisfied: (1) The secured party of record authorizes the filing

What this law says, in plain English

A person may file an initial or continuation financing statement if the secured party of record authorizes the filing.

Read the full statutory text
A person may file an initial financing statement or a continuation statement under this chapter if both of the following conditions are satisfied: (1) The secured party of record authorizes the filing. (2) The filing is necessary under this chapter to do either of the following: (A) To continue the effectiveness of a financing statement filed before July 1, 2001. (B) To perfect or continue the perfection of a security interest.

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