30-9A-708. Persons entitled to file initial financing statement or continuation of statement. A person may file an initial financing statement or a continuation statement under this part if:
     (1) the secured party of record authorizes the filing; and
     (2) the filing is necessary under this part:
     (a) to continue the effectiveness of a financing statement filed before July 1, 2001; or
     (b) to perfect or continue the perfection of a security interest.

     History: En. Sec. 166, Ch. 305, L. 1999.