- 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 or by the filing office under section 554.9513A.
- 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; 2021 Acts, ch 183, §9
Referred to in §554.9513, 554.9515