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N.D. Cent. Code § 41-09-81

(9-510) Effectiveness of filed record

Known as the Uniform Commercial Code

The act spans §§ 41–41 (597 sections).

1. A filed record is effective only to the extent that it was filed by a person that may file it under section 41-09-80.

2. A record authorized by one secured party of record does not affect the financing statement with respect to another secured party of record.

3. A continuation statement that is not filed within the six-month period prescribed by subsection 4 of section 41-09-86 is ineffective.

Official source: North Dakota Legislative Branch. Reproduced from public-domain North Dakota statutes; confirm against the official source for the current text. Not legal advice.