Minn. R. agency 133, ch. 8280, UCC INFORMATION MANAGEMENT SYSTEM, pt. 8280.0230 - CONTINUATION
On the timely filing of an amendment to continue a financing statement by any secured party of record, the active status of the financing statement must be extended for five years.
The filing of an amendment to continue a financing statement has no effect upon the status of any party to the financing statement.
On the filing of an amendment to continue a financing statement, the status of the financing statement remains active.
Notes
Statutory Authority:
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