Illinois Statutes

§ 9-708

Illinois·Topic BUSINESS AND EMPLOYMENT·Ch. 810 COMMERCIAL CODE·Act 810 ILCS 5/ Uniform Commercial Code.·Art. Article 9 - Secured Transactions

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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Legislative History

(Source: P.A. 91-893, eff. 7-1-01.)

Nearby Sections

15
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