Illinois Compiled Statutes 810 ILCS 5/9-708 – Persons entitled to file initial financing statement or continuation …
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Persons entitled to file initial financing statement or continuation statement. A person may file an initial financing statement or a continuation statement under this Part if:
(1) the secured party of record authorizes the
(1) the secured party of record authorizes the
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filing; and
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(2) the filing is necessary under this Part:
(A) to continue the effectiveness of a financing
(A) to continue the effectiveness of a financing
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statement filed before the effective date of this amendatory Act of the 91st General Assembly; or
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(B) to perfect or continue the perfection of a
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security interest.
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