2010 Pennsylvania Code
Title 13 - COMMERCIAL CODE
Chapter 95 - Filing
9509 - Persons entitled to file a record.

     § 9509.  Persons entitled to file a record.
        (a)  Person entitled to file record.--A person may file an
     initial financing statement, amendment which adds collateral
     covered by a financing statement or amendment which adds a
     debtor to a financing statement only if:
            (1)  the debtor authorizes the filing in an authenticated
        record or pursuant to subsection (b) or (c); or
            (2)  the person holds an agricultural lien which has
        become effective at the time of filing and the financing
        statement covers only collateral in which the person holds an
        agricultural lien.
        (b)  Security agreement as authorization.--By authenticating
     or becoming bound as debtor by a security agreement, a debtor or
     new debtor authorizes the filing of an initial financing
     statement and an amendment covering:
            (1)  the collateral described in the security agreement;
        and
            (2)  property which becomes collateral under section
        9315(a)(2) (relating to secured party's rights on disposition
        of collateral and in proceeds), whether or not the security
        agreement expressly covers proceeds.
        (c)  Acquisition of collateral as authorization.--By
     acquiring collateral in which a security interest or
     agricultural lien continues under section 9315(a)(1), a debtor
     authorizes the filing of an initial financing statement and an
     amendment covering the collateral and property which becomes
     collateral under section 9315(a)(2).
        (d)  Person entitled to file certain amendments.--A person
     may file an amendment other than an amendment which adds
     collateral covered by a financing statement or an amendment
     which adds a debtor to a financing statement only if:
            (1)  the secured party of record authorizes the filing;
        or
            (2)  the amendment is a termination statement for a
        financing statement as to which the secured party of record
        has failed to file or send a termination statement as
        required by section 9513(a) or (c) (relating to termination
        statement), the debtor authorizes the filing and the
        termination statement indicates that the debtor authorized it
        to be filed.
        (e)  Multiple secured parties of record.--If there is more
     than one secured party of record for a financing statement, each
     secured party of record may authorize the filing of an amendment
     under subsection (d).

        Cross References.  Section 9509 is referred to in sections
     9510, 9512, 9518, 9625 of this title.

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