N.Y. Uniform Commercial Code Law § 9-509: Persons Entitled to File a Record

Section 9--509. Persons Entitled to File a Record.

(a) Person entitled to file record. A person may file an initial

financing statement, amendment that adds collateral covered by a

financing statement, or amendment that adds a debtor to a financing

statement only if:

(1) the debtor authorizes the filing in a signed record or

pursuant to subsection (b) or (c); or a security agreement as

authorization.

(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.

(b) Security agreement as authorization. By signing or becoming bound

as debtor by a security agreement, a debtor or new debtor authorizes the

filing of an initial financing statement, and an amendment, covering:

(1) the collateral described in the security agreement; and

(2) property that becomes collateral under Section 9--315(a)(2),

whether or not the security agreement expressly covers

proceeds.

(c) Acquisition of collateral as authorization. By acquiring

collateral in which a security interest or agricultural lien continues

under Section 9--315(a)(1), a debtor authorizes the filing of an initial

financing statement, and an amendment, covering the collateral and

property that becomes collateral under Section 9--315(a)(2).

(d) Person entitled to file certain amendments. A person may file an

amendment other than an amendment that adds collateral covered by a

financing statement or an amendment that adds a debtor to a financing

statement only if:

(1) the secured party of record authorizes the filing; or

(2) the amendment is a termination statement for a financing

statement as to which the secured party of record has failed

to file or send a termination statement as required by

Section 9--513(a) or (c), the debtor authorizes the filing,

and the termination statement indicates that the debtor

authorized it to be filed.

(e) Multiple secured parties of record. If there is more than one

secured party of record for a financing statement, each secured party of

record may authorize the filing of an amendment under subsection (d).