24.48.070 Persons Entitled to File Initial Financing Statement or Continuation Statement

A person may file an initial financing statement or a continuation statement under this part if:

(a) The secured party of record authorizes the filing; and

(b) The filing is necessary under this part:

(1) To continue the effectiveness of a financing statement filed before [the effective date of Chapters 24.42 through 24.48]; or

(2) To perfect or continue the perfection of a security interest.