400.9-504. A financing statement sufficiently indicates thecollateral that it covers if the financing statement provides:
(1) A description of the collateral pursuant to section 400.9-108; or
(2) An indication that the financing statement covers all assets orall personal property.
(L. 1963 p. 503 ยง 9-504, A.L. 1988 S.B. 583, A.L. 2001 S.B. 288, A.L. 2002 S.B. 895)