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2408 — Puerto Rico Law | CourtGPT
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  4. Title Nineteen - Negotiable Instruments (§§ 1-24 — 2409)/
  5. Subtitle 2 - Commercial Transactions/
  6. Chapter 55a - Secured Transactions Sub/
  7. Subchapter VII/
  8. 2408
Puerto Rico Legal Code

2408

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A person may file an initial financing statement or a continuation statement under this subchapter if:\n(1) The secured party of record authorizes the filing, and\n(2) the filing is necessary under this subchapter:\n(A) To continue the effectiveness of a financing statement filed before this act takes effect, or\n(B) To perfect or continue the perfection of a security interest.\nHistory —Sept. 19, 1996, No. 241, added as § 9–708 on Jan. 17, 2012, No. 21, § 11, eff. 1 year after Jan. 17, 2012.