Section 440.9510 - Effectiveness of filing record.
UNIFORM COMMERCIAL CODE (EXCERPT)
Act 174 of 1962
440.9510 Effectiveness of filing record.
Sec. 9510.
(1) A filed record is effective only to the extent that it was filed by a person that may file it under section 9509.
(2) A record authorized by 1 secured party of record does not affect the financing statement with respect to another secured party of record.
(3) A continuation statement that is not filed within the 6-month period prescribed by section 9515(4) is ineffective.
History: Add. 2000, Act 348, Eff. July 1, 2001