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