A person may file an initial financing statement or a continuation statement under this part if: [1999, c. 699, Pt. A, §2 (NEW); 1999, c. 699, Pt. A, §4 (AFF).]
(1). The secured party of record authorizes the filing; and [1999, c. 699, Pt. A, §2 (NEW); 1999, c. 699, Pt. A, §4 (AFF).]
(2). The filing is necessary under this part: (a). To continue the effectiveness of a financing statement filed before this Article takes effect; or [1999, c. 699, Pt. A, §2 (NEW); 1999, c. 699, Pt. A, §4 (AFF).](b). To perfect or continue the perfection of a security interest. [1999, c. 699, Pt. A, §2 (NEW); 1999, c. 699, Pt. A, §4 (AFF).] [1999, c. 699, Pt. A, §2 (NEW); 1999, c. 699, Pt. A, §4 (AFF).]
1999, c. 699, §A2 (NEW) . 1999, c. 699, §A4 (AFF) .