(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 Code Section 11-9-509.
(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 subsection (c) of Code Section 11-9-515 is ineffective.
Section: Previous 11-9-503 11-9-504 11-9-505 11-9-506 11-9-507 11-9-508 11-9-509 11-9-510 11-9-511 11-9-512 11-9-513 11-9-514 11-9-515 11-9-516 11-9-517 NextLast modified: October 14, 2016