| Example 1: Debtor authorizes the filing of a financing |
statement covering inventory. Under Section 9-509 [Maine cite |
section 9-1509], the secured party may file a financing statement |
covering only inventory; it may not file a financing statement |
covering other collateral. The secured party files a financing |
statement covering inventory and equipment. This section |
provides that the financing statement is effective only to the |
extent the secured party may file it. Thus, the financing |
statement is effective to perfect a security interest in |
inventory but ineffective to perfect a security interest in |
equipment. |