Kansas Statutes § 84-9-806 When initial financing statement suffices to continue effectiveness of financing statement.
AI-assisted research summary: An initial financing statement can keep an earlier financing statement effective if the listed filing and content conditions are met.
84-9-806. When initial financing statement suffices to continue effectiveness of financing statement. (a) Initial financing statement in lieu of continuation statement. The filing of an initial financing statement in the office specified in K.S.A. 2025 Supp. 84-9-501, and amendments thereto, continues the effectiveness of a financing statement filed before this act takes effect on July 1, 2013, if: (1) The filing of an initial filing statement in that office would be effective to perfect a security interest under article 9 of chapter 84 of the Kansas Statutes Annotated, as amended by this act; (2) the pre-effective-date financing statement was filed in an office in another state; and (3) the initial financing statement satisfies subsection (a). (b) Period of continued effectiveness. The filing of an initial financing statement under subsection (a) continues the effectiveness of the pre-effective-date financing statement: (1) If the initial financing statement is filed before July 1, 2013, for the period provided in K.S.A. 2025 Supp. 84-9-515, prior to amendments by this act, with respect to an initial filing statement; and (2) if the initial financing statement is filed after July 1, 2013, for the period provided in K.S.A. 2025 Supp. 84-9-515, as amended by this act, with respect to an initial financing statement. (c) Requirements for initial financing statement under subsection (a). To be effective for purposes of subsection (a), an initial financing statement must: (1) Satisfy the requirements of part 5 of article 9 of chapter 84 of the Kansas Statutes Annotated, as amended by this act, for an initial financing statement; (2) identify the pre-effective-date financing statement by indicating the office in which the financing statement was filed and providing the dates of filing and file numbers, if any, of the financing statement and of the most recent continuation statement filed with respect to the financing statement; and (3) indicate that the pre-effective-date financing statement remains effective. History: L. 2012, ch. 84, § 23; July 1, 2013.