§ 25-9-509. Persons entitled to file a record.
§ 25‑9‑509. Persons entitled to file a record.
(a) Person entitled tofile record. A person may file an initial financing statement, amendment thatadds collateral covered by a financing statement, or amendment that adds adebtor to a financing statement only if:
(1) The debtorauthorizes the filing in an authenticated record or pursuant to subsection (b)or (c) of this section; or
(2) The person holds anagricultural lien that has become effective at the time of filing and thefinancing statement covers only collateral in which the person holds anagricultural lien.
(b) Security agreementas authorization. By authenticating or becoming bound as debtor by a securityagreement, a debtor or new debtor authorizes the filing of an initial financingstatement, and an amendment, covering:
(1) The collateraldescribed in the security agreement; and
(2) Property thatbecomes collateral under G.S. 25‑9‑315(a)(2), whether or not thesecurity agreement expressly covers proceeds.
(c) Acquisition ofcollateral as authorization. By acquiring collateral in which a securityinterest or agricultural lien continues under G.S. 25‑9‑315(a)(1),a debtor authorizes the filing of an initial financing statement, and anamendment, covering the collateral and property that becomes collateral underG.S. 25‑9‑315(a)(2).
(d) Person entitled tofile certain amendments. A person may file an amendment other than anamendment that adds collateral covered by a financing statement or an amendmentthat adds a debtor to a financing statement only if:
(1) The secured party ofrecord authorizes the filing; or
(2) The amendment is atermination statement for a financing statement as to which the secured partyof record has failed to file or send a termination statement as required byG.S. 25‑9‑513(a) or (c), the debtor authorizes the filing, and thetermination statement indicates that the debtor authorized it to be filed.
(e) Multiple securedparties of record. If there is more than one secured party of record for afinancing statement, each secured party of record may authorize the filing ofan amendment under subsection (d) of this section. (1967, c. 562, s. 3; 1975, c.862, s. 7; 2000‑169, s. 1.)