N.Y. Uniform Commercial Code 9-708 – Persons Entitled to File Initial Financing Statement or Continuation Statement
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Section 9–708. 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:
(a) the secured party of record authorizes the filing; and
(b) the filing is necessary under this part:
(1) to continue the effectiveness of a financing statement filed
before Revised Article 9 takes effect; or
(2) to perfect or continue the perfection of a security interest.