<?xml version='1.0' encoding='utf-8'?>
<section article="gcl" article_name="Commercial Law" number="9-708" title_number="9" title_name="Secured Transactions" subtitle_number="7" subtitle_name="Transition">
  <text>A person may file an initial financing statement or a continuation statement under this part if:</text>
  <level label="1">
    <text>The secured party of record authorizes the filing; and</text>
  </level>
  <level label="2">
    <text>The filing is necessary under this subtitle:</text>
    <level label="A">
      <text>To continue the effectiveness of a financing statement filed before this title takes effect; or</text>
    </level>
    <level label="B">
      <text>To perfect or continue the perfection of a security interest.</text>
    </level>
  </level>
</section>
