364.140. Filing of agreement not required for validity against creditors.
Filing of agreement not required for validity against creditors.
364.140. No filing of the premium finance agreement shallbe necessary to perfect the validity of such agreement as asecured transaction as against creditors, subsequent purchasers,pledgees, encumbrancers, trustees in bankruptcy or any otherinsolvency proceeding under any law, or anyone having the statusor power of the aforementioned or their successors or assigns.
(L. 1984 S.B. 686 § 9)