{"data":{"id":"us-dc/d.c.-code-28-9-502","jurisdiction":"us-dc","citation":"D.C. Code § 28:9-502","heading":"Contents of financing statement; record of mortgage as financing statement; time of filing financing statement.","body":"(a)\nSubject to subsection (b), a financing statement is sufficient only if it:\n(1)\nProvides the name of the debtor;\n(2)\nProvides the name of the secured party or a representative of the secured party; and\n(3)\nIndicates the collateral covered by the financing statement.\n\n(b)\nExcept as otherwise provided in § 28:9-501(b), to be sufficient, a financing statement that covers as-extracted collateral or timber to be cut, or which is filed as a fixture filing and covers goods that are or are to become fixtures, must satisfy subsection (a) and also:\n(1)\nIndicate that it covers this type of collateral;\n(2)\nIndicate that it is to be filed in the real property records;\n(3)\nProvide a description of the real property to which the collateral is related; and\n(4)\nIf the debtor does not have an interest of record in the real property, provide the name of a record owner.\n\n(c)\nA record of a mortgage is effective, from the date of recording, as a financing statement filed as a fixture filing or as a financing statement covering as-extracted collateral or timber to be cut only if:\n(1)\nThe record indicates the goods or accounts that it covers;\n(2)\nThe goods are or are to become fixtures related to the real property described in the record or the collateral is related to the real property described in the record and is as-extracted collateral or timber to be cut;\n(3)\nThe record satisfies the requirements for a financing statement in this section, but:\n(A)\nThe record need not indicate that it is to be filed in the real property records; and\n(B)\nThe record sufficiently provides the name of a debtor who is an individual if it provides the individual name of the debtor or the surname and first personal name of the debtor, even if the debtor is an individual to whom § 28:9-503(a)(4) applies; and\n(4)\nThe record is recorded.\n\n(d)\nA financing statement may be filed before a security agreement is made or a security interest otherwise attaches.","path":["Title 28. Commercial Instruments and Transactions. [Enacted title]","Subtitle I. Uniform Commercial Code.","Article 9. Secured Transactions.","Part V. Filing.","Subpart 1. Filing Office; Contents and Effectiveness of Financing Statement."],"source_url":"https://code.dccouncil.gov/us/dc/council/code/sections/28:9-502","current_through":"2026-08-20 (D.C. Law 26-175)","vintage":"","retrieved_at":"2026-08-29T05:44:07Z","sha256":"82c666b9d974ef18737a9b5cd65e0ba1009f77dbbf80bc7544760e89928e7721","source_id":"us-dc","stale":false,"prev":"us-dc/d.c.-code-28-9-501","next":"us-dc/d.c.-code-28-9-503"},"notice":"GroundRules: Original legal text. Not legal advice."}
