Code of Virginia - Title 8.9A Commercial Code - Secured Transactions - Section 8.9A-510 Effectiveness of filed record

§ 8.9A-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 § 8.9A-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 § 8.9A-515 (d) is ineffective.

(2000, c. 1007.)

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Last modified: April 3, 2009