Find Bill
Find Your Legislator
Legislative Deadlines
Dec. 6, 2017
RSS Feed Permanent URL -A +A

2016 Statute



Prev Article 9. - SECURED TRANSACTIONSNext


84-9-509.Persons entitled to file a record. (a) Person entitled to file record. A person may file an initial financing statement, amendment that adds collateral covered by a financing statement, or amendment that adds a debtor to a financing statement only if:

(1) The debtor authorizes the filing in an authenticated record or pursuant to subsection (b) or (c); or

(2) the person holds an agricultural lien that has become effective at the time of filing and the financing statement covers only collateral in which the person holds an agricultural lien.

(b) Security agreement as authorization. By authenticating or becoming bound as debtor by a security agreement, a debtor or new debtor authorizes the filing of an initial financing statement, and an amendment, covering:

(1) The collateral described in the security agreement; and

(2) property that becomes collateral under K.S.A. 2016 Supp. 84-9-315(a)(2), and amendments thereto, whether or not the security agreement expressly covers proceeds.

(c) Acquisition of collateral as authorization. By acquiring collateral in which a security interest or agricultural lien continues under K.S.A. 2016 Supp. 84-9-315(a)(1), and amendments thereto, a debtor authorizes the filing of an initial financing statement, and an amendment, covering the collateral and property that becomes collateral under K.S.A. 2016 Supp. 84-9-315(a)(2), and amendments thereto.

(d) Person entitled to file certain amendments. A person may file an amendment other than an amendment that adds collateral covered by a financing statement or an amendment that adds a debtor to a financing statement only if:

(1) The secured party of record authorizes the filing; or

(2) the amendment is a termination statement for a financing statement as to which the secured party of record has failed to file or send a termination statement as required by K.S.A. 2016 Supp. 84-9-513(a) or (c), and amendments thereto, the debtor authorizes the filing, and the termination statement indicates that the debtor authorized it to be filed.

(e) Multiple secured parties of record. If there is more than one secured party of record for a financing statement, each secured party of record may authorize the filing of an amendment under subsection (d).

History: L. 2000, ch. 142, § 80; L. 2002, ch. 159, § 17; L. 2004, ch. 9, § 1; July 1.



Prev Article 9. - SECURED TRANSACTIONSNext
2017. Powered by KLISS. Rendered: 2017-12-06T20:06:05. Head Rev No: 340825