PERSONS ENTITLED TO FILE INITIAL FINANCING STATEMENT OR CONTINUATION STATEMENT
Known as the Uniform Commercial Code
The act spans §§ 1–12 (616 sections).
Reenacted from Acts 1999, 76th Leg., ch. 414, Sec. 3.07 and amended by Acts 2001, 77th Leg., ch. 705, Sec. 23, eff
A person may file an initial financing statement or a continuation statement under this subchapter if:
(1) the secured party of record authorizes the filing; and
(2) the filing is necessary under this subchapter:
(A) to continue the effectiveness of a financing statement filed before the revision takes effect; or
(B) to perfect or continue the perfection of a security interest.
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.