§ 25-9-510. Effectiveness of filed record.
§25‑9‑510. Effectiveness of filed record.
(a) Filed recordeffective if authorized. A filed record is effective only to the extent thatit was filed by a person that may file it under G.S. 25‑9‑509.
(b) Authorization byone secured party of record. A record authorized by one secured party ofrecord does not affect the financing statement with respect to another securedparty of record.
(c) Continuationstatement not timely filed. A continuation statement that is not filed withinthe six‑month period prescribed by G.S. 25‑9‑515(d) isineffective. (2000‑169, s. 1.)