(a) A filed record is effective only to the extent that it was filed by a person that may file it under § 9.509.
(b) A record authorized by one secured party of record does not affect the financing statement with respect to another secured party of record.

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Terms Used In Texas Business and Commerce Code 9.510

  • Person: includes corporation, organization, government or governmental subdivision or agency, business trust, estate, trust, partnership, association, and any other legal entity. See Texas Government Code 311.005

(c) A continuation statement that is not filed within the six-month period prescribed by § 9.515(d) is ineffective.