(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 7-9A-509.
(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 7-9A-515(d) is ineffective.
Structure Code of Alabama
Article 9A - Secured Transactions.
Division 1 - Filing; Contents and Effectiveness of Financing Statement.
Section 7-9A-501 - Filing Office.
Section 7-9A-503 - Name of Debtor and Secured Party.
Section 7-9A-504 - Indication of Collateral.
Section 7-9A-506 - Effect of Errors or Omissions.
Section 7-9A-507 - Effect of Certain Events on Effectiveness of Financing Statement.
Section 7-9A-509 - Persons Entitled to File a Record.
Section 7-9A-510 - Effectiveness of Filed Record.
Section 7-9A-511 - Secured Party of Record.
Section 7-9A-512 - Amendment of Financing Statement.
Section 7-9A-513 - Termination Statement.
Section 7-9A-514 - Assignment of Powers of Secured Party of Record.
Section 7-9A-516 - What Constitutes Filing; Effectiveness of Filing.
Section 7-9A-517 - Effect of Indexing Errors.
Section 7-9A-518 - Claim Concerning Inaccurate or Wrongfully Filed Record.