11 M.R.S. §9-1708: 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:

(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 this Article takes effect; or

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