California Commercial Code

§ 9509

COM § 9509 Effective Jan 1, 2024Div. 9 · Ch. 5

Statute text

(a)A person may file an initial financing statement, an amendment that adds collateral covered by a financing statement, or an amendment that adds a debtor to a financing statement only if either of the following conditions is satisfied:

(1)The debtor authorizes the filing in a signed record or pursuant to subdivision (b) or (c).

(2)The person holds an agricultural lien that has become effective at the time of filing and the financing statement covers only collateral in which the person holds an agricultural lien.

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Legislative history

Amended by Stats. 2023, Ch. 210, Sec. 59. (SB 95) Effective January 1, 2024.