Can you summarize MNST 336.9-510?

Short Summary

(a) Filed record effective if authorized. A filed record is effective only to the extent that it was filed by a person that may file it under section 336.9-509 or by the filing office under section 336.9-5135 . (b) Authorization by one secured party of record. A record authorized by one secured party of record does not affect the financing statement with respect to another secured party of record. (c) Continuation statement not timely filed. A continuation statement that is not filed within the six-month period prescribed by section 336.9-515 (d) is ineffective. History: 2000 c 399 art 1 s 81; 2022 c 96 s 1

Jurisdiction

Minnesota

Source

• Banking