§ 25‑9‑510.  Effectiveness of filed record.

(a) Filed record effective if authorized. – A filed record is effective only to the extent that it was filed by a person that may file it under G.S. 25‑9‑509.

(b) Authorization by one secured party of record. – A record authorized by one secured party of record does not affect the financing statement with respect to another secured party of record.

(c) Continuation statement not timely filed. – A continuation statement that is not filed within the six‑month period prescribed by G.S. 25‑9‑515(d) is ineffective. (2000‑169, s. 1.)