CODE OF VIRGINIA PERSONS ENTITLED TO FILE INITIAL FINANCING STATEMENT OR CONTINUATION STATEMENT (ยง 8.9A-708) A person may file an initial financing statement or a continuation statement under this part if: 1. the secured party of record authorizes the filing; and 2. the filing is necessary under this part: A. to continue the effectiveness of a financing statement filed before this title takes effect; or B. to perfect or continue the perfection of a security interest. HISTORY: 2000, c. 1007.