N.Y. Uniform Commercial Code Law § 9-708: Persons Entitled to File Initial Financing Statement or Continuation Statement

Section 9--708. 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 Revised Article 9 takes effect; or

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