Section 409.510 - Effectiveness of filed record(1) FILED RECORD EFFECTIVE IF AUTHORIZED. A filed record is effective only to the extent that it was filed by a person that may file it under s. 409.509.(2) AUTHORIZATION BY ONE SECURED PARTY OF RECORD. A record authorized by one secured party of record does not affect the financing statement with respect to another secured party of record.(3) CONTINUATION STATEMENT NOT TIMELY FILED. A continuation statement that is not filed within the 6-month period prescribed by s. 409.515(4) is ineffective.