A financing statement sufficiently indicates the collateral that it covers if the financing statement provides:

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Terms Used In North Dakota Code 41-09-75

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.

1.    A description of the collateral pursuant to section 41-09-08; or

2.    An indication that the financing statement covers all assets or all personal property.