A financing statement sufficiently indicates the collateral that it covers if the financing statement provides:

(1)  A description of the collateral pursuant to § 6A-9-108; or

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

History of Section.
P.L. 2000, ch. 182, § 6; P.L. 2000, ch. 420, § 6.