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§12A-9-408.
§12A-9-408.
Financing Statements Covering Consigned or Leased Goods. - A consignor
or lessor of goods may file a financing statement using the terms
"consignor", "consignee", "lessor", "lessee" or the like instead of
the terms specified in Section 9-402. The provisions of this part
shall apply as appropriate to such a financing statement but its
filing shall not of itself be a factor in determining whether or not
the consignment or lease is intended as security (Section 1-201(37)).
However, if it is determined for other reasons that the consignment or
lease is so intended, a security interest of the consignor or lessor
which attaches to the consigned or leased goods is perfected by such
filing.
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