A person may file an initial financing statement or a continuation statement under this part if:

(1) the secured party of record authorizes the filing; and

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Terms Used In Tennessee Code 47-9-708

  • Person: includes a corporation, firm, company or association. See Tennessee Code 1-3-105
  • Record: means information that is inscribed on a tangible medium or that is stored in an electronic or other medium and is retrievable in a perceivable form. See Tennessee Code 1-3-105
(2) the filing is necessary under this part:

(A) to continue the effectiveness of a financing statement filed before July 1, 2001; or
(B) to perfect or continue the perfection of a security interest.