The Act adds a requirement for a maturity date on financing statements or specification that the obligation does not have a maturity date; provides that the duration of the financing statement shall be for five years or twenty days after the maturity date; and provides for a maturity date on continuation statements or specification that the obligation does not have a maturity date.
Georgia State University Law Review,
COMMERCIAL CODE Financing Statement: Maturity Date,
Ga. St. U. L. Rev.
Available at: https://readingroom.law.gsu.edu/gsulr/vol1/iss2/3