§7-9A-504. Indication of collateral.

Latest version.

A financing statement sufficiently indicates the collateral that it covers if the financing statement provides:

(1) a description of the collateral pursuant to Section 7-9A-108; or

(2) an indication that the financing statement covers all assets or all personal property.

(Act 2001-481, p. 647, §1.)

                    
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