554.9510  Effectiveness of filed record.
  1.  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 section 554.9509.
  2.  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.
  3.  Continuation statement not timely filed.  A continuation statement that is not filed within the six-month period prescribed by section 554.9515, subsection 4, is ineffective.
2000 Acts, ch 1149, §81, 187
Referred to in §554.9513, §554.9515