North Dakota Code 41-09-138 – (9-808) Person entitled to file initial financing statement or continuation statement
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A person may file an initial financing statement or a continuation statement under section 41-09-132 through 41-09-139 if:
Terms Used In North Dakota Code 41-09-138
- Person: means an individual, organization, government, political subdivision, or government agency or instrumentality. See North Dakota Code 1-01-49
1. The secured party of record authorizes the filing; and
2. The filing is necessary under sections 41-09-132 through 41-09-139:
a. To continue the effectiveness of a financing statement filed before this Act takes effect; or
b. To perfect or continue the perfection of a security interest.