(a) The filing of an initial financing statement in the office specified in Alaska Stat. § 45.29.501 continues the effectiveness of a financing statement filed before July 1, 2001, if

Ask a business law question, get an answer ASAP!
Thousands of highly rated, verified business lawyers.
Click here to chat with a lawyer about your rights.

Terms Used In Alaska Statutes 45.29.706

  • state: means the State of Alaska unless applied to the different parts of the United States and in the latter case it includes the District of Columbia and the territories. See Alaska Statutes 01.10.060
(1) the filing of an initial financing statement in that office would be effective to perfect a security interest under this chapter;
(2) the pre-effective date financing statement was filed in an office in another state or another office in this state; and
(3) the initial financing statement satisfies (b) of this section.
(b) The filing of an initial financing statement under (a) of this section continues the effectiveness of the pre-effective date financing statement if the initial financing statement is filed

(1) before July 1, 2001, for the period provided in former Alaska Stat. § 45.09.403 with respect to a financing statement; and
(2) on or after July 1, 2001, for the period provided in Alaska Stat. § 45.29.515 with respect to an initial financing statement.
(c) To be effective for purposes of (a) of this section, an initial financing statement must

(1) satisfy the requirements of Alaska Stat. § 45.29.50145.29.524 for an initial financing statement;
(2) identify the pre-effective date financing statement by indicating the office in which the financing statement was filed and providing the dates of filing and file numbers, if any, of the financing statement and of the most recent continuation statement filed with respect to the financing statement; and
(3) indicate that the pre-effective date financing statement remains effective.