Code of Alabama - Title 7: Commercial Code - Section 7-9A-504 - Indication of collateral

Section 7-9A-504 - Indication of collateral.

A financing statement sufficiently indicates the collateral that it covers if the financing statement provides:

(1) a description of the collateral pursuant to Section 7-9A-108; or

(2) an indication that the financing statement covers all assets or all personal property.

(Act 2001-481, p. 647, §1.)

Last modified: May 3, 2021