Illinois § 9-708

Illinois Statutes

§ 9-708

Illinois § 9-708

JurisdictionIllinois

TopicBUSINESS AND EMPLOYMENT

Ch. 810COMMERCIAL CODE

Act 810 ILCS 5/Uniform Commercial Code.

Art.Article 9 - Secured Transactions

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Bluebook

810 Ill. Comp. Stat. 9-708 (2026).

Text

Persons entitled to file initial financing statement or continuation statement. A person may file an initial financing statement or a continuation statement under this Part if:

(1)the secured party of record authorizes the filing; and (2) the filing is necessary under this Part:

(A)to continue the effectiveness of a financing statement filed before the effective date of this amendatory Act of the 91st General Assembly; or (B) to perfect or continue the perfection of a security interest.

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Persons entitled to file initial financing statement or continuation statement. A person may file an initial financing statement or a continuation statement under this Part if: (1) the secured party of record authorizes the filing; and (2) the filing is necessary under this Part: (A) to continue the effectiveness of a financing statement filed before the effective date of this amendatory Act of the 91st General Assembly; or (B) to perfect or continue the perfection of a security interest.