Texas Business and Commerce Code 9.708 – Persons Entitled to File Initial Financing Statement or Continuation Statement
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Terms Used In Texas Business and Commerce Code 9.708
- Person: includes corporation, organization, government or governmental subdivision or agency, business trust, estate, trust, partnership, association, and any other legal entity. See Texas Government Code 311.005
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.