30-9A-504. Indication of collateral. A financing statement sufficiently indicates the collateral that it covers if the financing statement provides:

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Terms Used In Montana Code 30-9A-504

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Collateral: means the property subject to a security interest or agricultural lien. See Montana Code 30-9A-102
  • Financing statement: means a record or records composed of an initial financing statement and any filed record relating to the initial financing statement. See Montana Code 30-9A-102

(1)a description of the collateral pursuant to 30-9A-108; or

(2)an indication that the financing statement covers all assets or all personal property.