A person may file an initial financing statement or a continuation statement under this part if:

1. (1) the secured party of record authorizes the filing; and

2. (2) the filing is necessary under this part:

   1. (A) to continue the effectiveness of a financing statement filed before Act 2014-374 takes effect; or
   2. (B) to perfect or continue the perfection of a security interest.

(Act 2014-374, p. 1339, §2.)