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<section article="gcl" article_name="Commercial Law" number="9-508" title_number="9" title_name="Secured Transactions" subtitle_number="5" subtitle_name="Filing">
  <level label="a">
    <text>Except as otherwise provided in this section, a filed financing statement naming an original debtor is effective to perfect a security interest in collateral in which a new debtor has or acquires rights to the extent that the financing statement would have been effective had the original debtor acquired rights in the collateral.</text>
  </level>
  <level label="b">
    <text>If the difference between the name of the original debtor and that of the new debtor causes a filed financing statement that is effective under subsection (a) to be seriously misleading under § 9-506:</text>
    <level label="1">
      <text>The financing statement is effective to perfect a security interest in collateral acquired by the new debtor before, and within four months after, the new debtor becomes bound under § 9-203(d); and</text>
    </level>
    <level label="2">
      <text>The financing statement is not effective to perfect a security interest in collateral acquired by the new debtor more than four months after the new debtor becomes bound under § 9-203(d) unless an initial financing statement providing the name of the new debtor is filed before the expiration of that time.</text>
    </level>
  </level>
  <level label="c">
    <text>This section does not apply to collateral as to which a filed financing statement remains effective against the new debtor under § 9-507(a).</text>
  </level>
</section>
