Person entitled to file initial financing statement or continuation statement A person may file an initial financing statement or a continuation statement pursuant to the provisions of this section if: (1) the secured party of record authorizes the filing; and(2) the filing is necessary under this section:(A) to continue the effectiveness of a financing statement filed before the Act takes effect; or (B) to perfect or continue the perfection of a security interest. (Added 2013, No. 157 (Adj. Sess.), § 1.)
Vermont Legal Code