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Fact Pattern 29-1B

Question 27

Multiple Choice

Fact Pattern 29-1B
Call's Farm & Ranch Supply,Inc. ,uses its inventory as collat?eral for a loan from Deland County Bank.The bank files a financing statement with the secretary of state in the state in which Call's was chartered.One year later,Call's changes its name to Big C's,Inc.
-Refer to Fact Pattern 29-1B.To continue the effectiveness of its perfected interest,Deland County Bank must file


A) a continuation statement after the original filing expires.
B) an amendment to the financing statement before the period expires.
C) a new financing statement immediately.
D) a notice of repossession with all interested creditors.

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