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0 tracked cards Supplemental - Not MEE July 2026

A secured party perfected by filing a financing statement covering equipment.
What is the ordinary rule for how long the filed financing statement remains effective?

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A continuation statement is effective only if filed after lapse. A filed financing statement is generally effective for five years and may be continued by a timely continuation statement. A filed financing statement is effective forever unless the debtor objects. A filed financing statement must be renewed every month.

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