N.C. Gen. Stat. § 25-9-510

Effectiveness of filed record

Known as the Uniform Commercial Code

The act spans §§ 25–25 (616 sections).

Applied in 1 court decision — leading case Ward v. Bank of Granite (In re Hickory Printing Group, Inc.) (2012)

Most recently applied in Ward v. Bank of Granite (In re Hickory Printing Group, Inc.) (July 2012)

2000-169, s. 1.

(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 G.S. 25-9-509.

(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 G.S. 25-9-515(d) is ineffective.

Official source: North Carolina General Assembly. Reproduced from public-domain North Carolina statutes; confirm against the official source for the current text. Not legal advice.