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84-9-510

Chapter 84.--UNIFORM COMMERCIAL CODE
Part 5.--FILING
Article 9.--SECURED TRANSACTIONS

      84-9-510.   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 K.S.A. 2008 Supp. 84-9-509 and amendments thereto.

      (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 K.S.A. 2008 Supp. 84-9-515(d) and amendments thereto, is ineffective.

      History:   L. 2000, ch. 142, § 81; July 1, 2001.