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| (1)__A person may file an initial financing statement, amendment | | that adds collateral covered by a financing statement or amendment | | that adds a debtor to a financing statement only if: |
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| | | (a)__The debtor authorizes the filing in an authenticated | | record; or |
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| | | (b)__The person holds an agricultural lien that has become | | effective at the time of filing and the financing statement | | covers only collateral in which the person holds an | | agricultural lien. |
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| | | (2)__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: |
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| | | (a)__The collateral described in the security agreement; and |
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| | | (b)__Property that becomes collateral under section 9-1315, | | subsection (1), paragraph (b), whether or not the security | | agreement expressly covers proceeds. |
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| | | (3)__By acquiring collateral in which a security interest or | | agricultural lien continues under section 9-1315, subsection 1, | | paragraph (a), a debtor authorizes the filing of an initial | | financing statement, and an amendment, covering the collateral | | and property that becomes collateral under section 9-1315, | | subsection (1), paragraph (b). |
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| | | (4)__A person may file an amendment other than an amendment | | that adds collateral covered by a financing statement or an | | amendment that adds a debtor to a financing statement only if: |
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| | | (a)__The secured party of record authorizes the filing; or |
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| | | (b)__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 9-1513, subsection (1) or (3), the | | debtor authorizes the filing and the termination statement | | indicates that the debtor authorized it to be filed. |
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| | | (5)__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 (4). |
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