| 1. Continuation of Financing Statements Not Filed in Proper |
Filing Office Under This Article. This section deals with |
continuing the effectiveness of financing statements that are |
filed in the proper State and office under former Article 9, but |
which would be filed in the wrong State or in the wrong office of |
the proper State under this Article. Section 9-705(d) [Maine |
cite section 9-1705, subsection (4)] provides that, under these |
circumstances, filing a continuation statement after the |
effective date of this Article in the office designated by former |
Article 9 would not be effective. This section provides the |
means by which the effectiveness of such a financing statement |
can be continued if this Article governs perfection under the |
applicable choice-of-law rule: filing an initial financing |
statement in the office specified by Section 9-501 [Maine cite |
section 9-1501]. |