N.Y. UCC. LAW § 11--106 : NY Code - Section 11--106: Required Refilings

Search N.Y. UCC. LAW § 11--106 : NY Code - Section 11--106: Required Refilings

(1)  If  a security interest is perfected or has priority when the act
  enacting this Article takes effect as to all persons or  as  to  certain
  persons  without  any  filing  or  recording,  and  if  the  filing of a
  financing statement would be required for the perfection or priority  of
  the security interest against those persons under Revised Article 9, the
  perfection  and  priority rights of the security interest continue until
  three  years  after  the  effective  date  of  Revised  Article  9.  The
  perfection  will  then  lapse  unless  a financing statement is filed as
  provided in subsection (2) or unless the security interest is  perfected
  otherwise than by filing.
    (2)  A  financing  statement may be filed within six months before the
  perfection of a  security  interest  would  otherwise  lapse.  Any  such
  financing  statement  may  be signed by either the debtor or the secured
  party. It must identify the  security  agreement,  statement  or  notice
  however  denominated in any statute or other law repealed or modified by
  the act enacting this Article, state the office where and the date  when
  the  last  filing,  refiling or recording, if any, was made with respect
  thereto, and the filing number, if any, or book and  page,  if  any,  of
  recording  and  further  state that the security agreement, statement or
  notice, however denominated, in another filing office under the  uniform
  commercial  code  or under any statute or other law repealed or modified
  by the act enacting this Article is still effective. Section  9-401  and
  Section  9-103  determine  the  proper  place  to  file such a financing
  statement. Except as specified in this  subsection,  the  provisions  of
  subsection  (3)  of  Section  9-403 for continuation statements apply to
  such a financing statement.