409.510 Effectiveness of filed record. - Wisconsin Statutes

409.510

409.510 Effectiveness of filed record.

409.510(1)

(1) 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 s. 409.509.

409.510(2)

(2) 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.

409.510(3)

(3) Continuation statement not timely filed. A continuation statement that is not filed within the 6-month period prescribed by s. 409.515 (4) is ineffective.

409.510 - ANNOT.

History: 2001 a. 10.