Indication of collateral

A financing statement sufficiently indicates the collateral that it covers if the financing statement provides: (1) a description of the collateral pursuant to § 47-9-108 ; or (2) an indication that the financing statement covers all assets or all personal property. Acts 2000, ch. 846, § 1. A financing statement sufficiently indicates the collateral that it covers if the financing statement provides: (1) a description of the collateral pursuant to § 47-9-108 ; or (2) an indication that the financing statement covers all assets or all personal property. Acts 2000, ch. 846, § 1.