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Current as of January 01, 2023 | Updated by Findlaw Staff
(a) Sufficiency of financing statement. Subject to Subsection (b), a financing statement is sufficient only if it:
(1) provides the name of the debtor;
(2) provides the name of the secured party or a representative of the secured party; and
(3) indicates the collateral covered by the financing statement.
(b) Real-property-related financing statements. To be sufficient, a financing statement that covers as-extracted collateral or standing timber that constitutes goods, or that is filed as a fixture filing and covers goods that are to become fixtures, must satisfy Subsection (a) and also:
(1) indicate that it covers this type of collateral;
(2) [Reserved.]
(3) provide a description of the real property to which the collateral is related sufficient to cause the mortgage to be effective against third persons if the description were contained in a mortgage of real property filed for registry; and
(4) if the debtor does not have an interest of record in the real property, provide the name of a record owner.
(c) [Reserved.]
(d) Filing before security agreement or attachment. A financing statement may be filed before a security agreement is made or a security interest otherwise attaches.
Cite this article: FindLaw.com - Louisiana Revised Statutes Tit. 10, § 9-502. Contents of financing statement; time of filing financing statement - last updated January 01, 2023 | https://codes.findlaw.com/la/revised-statutes/la-rev-stat-tit-10-sect-9-502/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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