A person may file an initial financing statement or a continuation statement under this part of this article if:
(1) The secured party of record authorizes the filing; and

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(2) The filing is necessary under this part of this article:
(a) To continue the effectiveness of a financing statement filed before July 1,
2001; or
(b) To perfect or continue the perfection of a security interest.
Effective: July 1, 2001
History: Created 2000 Ky. Acts ch. 408, sec. 154, effective July 1, 2001.