Illinois Code § 810 ILCS 5/9-504

Indication of collateral.
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A financing statement sufficiently
indicates the collateral that it covers if the financing statement
provides:

 
 
(1) a description of the collateral pursuant to 
 
Section 9-108; or

 
 
(2) an indication that the financing statement covers 
 
all assets or all personal property.

Section 9-108; or
all assets or all personal property.

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