| If an initial financing statement is filed under this section |
before the effective date of this Article, it takes effect when |
this Article takes effect (assuming that it is ineffective under |
former Article 9). Note, however, that former Article 9 |
determines whether the filing office is obligated to accept such |
an initial financing statement. For the reason given in the |
preceding paragraph, an initial financing statement filed before |
the effective date of this Article does not continue the |
effectiveness of a pre-effective-date financing statement unless |
the latter remains effective on the effective date of this |
Article. Thus, for example, if the effectiveness of the pre- |
effective-date financing statement lapses before this Article |
takes effect, the initial financing statement would not continue |
its effectiveness. |