North Carolina General Statutes § 25-9-510 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 G.S. 25-9-509.

(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 G.S. 25-9-515(d) is ineffective. (2000-169, s. 1.)

Sections:  Previous  25-9-503  25-9-504  25-9-505  25-9-506  25-9-507  25-9-508  25-9-509  25-9-510  25-9-511  25-9-512  25-9-513  25-9-514  25-9-515  25-9-516  25-9-517  Next

Last modified: March 23, 2014