§ 9706. When initial financing statement suffices to continue effectiveness of financing statem...
Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 13 Pa.C.S.A. Commercial CodeEffective: June 30, 2006
Effective: June 30, 2006
13 Pa.C.S.A. § 9706
§ 9706. When initial financing statement suffices to continue effectiveness of financing statement
(a) Initial financing statement in lieu of continuation statement.--The filing of an initial financing statement in the office specified in section 9501 of Revised Division 9 (relating to filing office) continues the effectiveness of a financing statement filed before Revised Division 9 takes effect if:
(1) if the initial financing statement is filed before Revised Division 9 takes effect, for the period provided in section 9403 of Former Division 9 (relating to what constitutes filing; duration of filing; effect of lapsed filing; duties of filing officer) with respect to a financing statement; and
(2) identify the pre-effective-date financing statement by indicating the office in which the financing statement was filed and providing the dates of filing and file numbers, if any, of the financing statement and of the most recent continuation statement filed with respect to the financing statement; and
Credits
2001, June 8, P.L. 123, No. 18, § 16, effective July 1, 2001. Amended 2006, June 30, P.L. 290, No. 64, § 1, imd. effective.
13 Pa.C.S.A. § 9706, PA ST 13 Pa.C.S.A. § 9706
Current through Act 11 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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