Illinois Code § 810 ILCS 5/9-708

Persons entitled to file initial financing
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statement or
continuation statement. 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 the effective date of this amendatory Act of the 91st General Assembly; or

 
 
 
(B) to perfect or continue the perfection of a 
 
 
security interest.

filing; and
statement filed before the effective date of this amendatory Act of the 91st General Assembly; or
security interest.

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