| then becomes ordinary goods, and filing in the office specified | in subsection (a)(2) [Maine cite subsection (1), paragraph (b)] | is necessary for perfection. Note also that after the timber is | cut the law of the debtor's location, not the location of the | timber, governs perfection under Section 9-301 [Maine cite | section 9-1301]. |
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| | 4. Fixtures. There are two ways in which a secured party may | file a financing statement to perfect a security interest in | goods that are or are to become fixtures. It may file in the | Article 9 records, as with most other goods. See subsection | (a)(2)[Maine cite subsection (1), paragraph (b)]. Or it may file | the financing statement as a "fixture filing," defined in Section | 9-102 [Maine cite section 9-1102], in the office in which a | record of a mortgage on the related real property would be filed. | See subsection(a)(1)(B) [Maine cite subsection (1), paragraph | (a), subparagraph (ii)]. |
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| | 5. Transmitting Utilities. The usual filing rules do not | apply well for a transmitting utility (defined in Section 9-102) | [Maine cite section 9-1102]. Many preUCC statutes provided | special filing rules for railroads and in some cases for other | public utilities, to avoid the requirements for filing with legal | descriptions in every county in which such debtors had property. | Former Section 9-401(5) recreated and broadened these provisions, | and subsection (b) [Maine cite subsection (2)] follows this | approach. The nature of the debtor will inform persons searching | the record as to where to make a search. |
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| §9-1502.__Contents of financing statement; record of mortgage |
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| as financing statement; time of filing financing |
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| | (1)__Subject to subsection (2), a financing statement is | sufficient only if it: |
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| (a)__Provides the name of the debtor; |
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| (b)__Provides the name of the secured party or a | representative of the secured party; and |
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| (c)__Indicates the collateral covered by the financing | statement. |
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| | (2)__Except as otherwise provided in section 9-1501, | subsection (2), to be sufficient, a financing statement that | covers as-extracted collateral or timber to be cut, or which is | filed as a fixture filing and covers goods that are or are to | become fixtures, must satisfy subsection (1) and also: |
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