Laws of New York (Last Updated: November 21, 2014) |
UCC Uniform Commercial Code |
Article 9. SECURED TRANSACTIONS |
Part 5. FILING |
SubPart 1. FILING OFFICE; CONTENTS AND EFFECTIVENESS OF FINANCING STATEMENT |
Section 9--510. Effectiveness of Filed Record
Latest version.
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(a) 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 9--509. (b) 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. (c) Continuation statement not timely filed. A continuation statement that is not filed within the six-month period prescribed by Section 9--515(d) is ineffective.