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

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

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

   1. (A) to continue the effectiveness of a financing statement filed before the amendments to this chapter made by P.L.54-2011 take effect (July 1, 2013); or
   2. (B) to perfect or continue the perfection of a security interest.

As added by P.L.54-2011, SEC.26. Amended by P.L.6-2012, SEC.184.