(B) EXCEPT AS OTHERWISE PROVIDED IN SUBSECTIONS (E), (F), AND (G), AN
INITIAL FINANCING. STATEMENT FILED IN CONNECTION WITH A PUBLIC-FINANCE
TRANSACTION OR MANUFACTURED-HOME TRANSACTION IS EFFECTIVE FOR A
PERIOD OF 30 YEARS AFTER THE DATE OF FILING IF IT INDICATES THAT IT IS FILED
IN CONNECTION. WITH A PUBLIC-FINANCE TRANSACTION OR
MANUFACTURED-HOME TRANSACTION.

(C) THE EFFECTIVENESS OF A FILED FINANCING STATEMENT LAPSES ON THE
EXPIRATION OF THE PERIOD OF ITS EFFECTIVENESS UNLESS BEFORE THE LAPSE A
CONTINUATION STATEMENT IS FILED PURSUANT TO SUBSECTION (D) UPON LAPSE,
A FINANCING STATEMENT CEASES TO BE EFFECTIVE AND ANY SECURITY INTEREST
OR AGRICULTURAL LIEN THAT WAS PERFECTED BY THE FINANCING STATEMENT
BECOMES UNPERFECTED, UNLESS THE SECURITY INTEREST IS PERFECTED
WITHOUT FILING. IF. THE SECURITY INTEREST OR AGRICULTURAL LIEN BECOMES
UNPERFECTED UPON LAPSE, IT IS DEEMED NEVER TO HAVE BEEN PERFECTED AS
AGAINST A PURCHASER OF THE COLLATERAL FOR VALUE.

(D) A CONTINUATION STATEMENT MAY BE FILED ONLY WITHIN SIX MONTHS
BEFORE THE EXPIRATION OF THE FIVE-YEAR PERIOD SPECIFIED IN SUBSECTION (A)
OR THE 30-YEAR PERIOD SPECIFIED IN SUBSECTION (B), WHICHEVER IS APPLICABLE.

(E) EXCEPT AS OTHERWISE PROVIDED IN § 9-510, UPON TIMELY FILING OF A
CONTINUATION STATEMENT, THE EFFECTIVENESS OF THE INITIAL FINANCING
STATEMENT CONTINUES FOR A PERIOD OF FIVE YEARS COMMENCING ON THE DAY
ON WHICH THE FINANCING STATEMENT WOULD HAVE BECOME INEFFECTIVE IN
THE ABSENCE OF THE FILING. UPON THE EXPIRATION OF THE FIVE-YEAR PERIOD,
THE FINANCING STATEMENT LAPSES IN THE SAME MANNER AS PROVIDED IN
SUBSECTION (C), UNLESS, BEFORE THE LAPSE, ANOTHER CONTINUATION
STATEMENT IS FILED PURSUANT TO SUBSECTION (D) SUCCEEDING CONTINUATION
STATEMENTS. MAY BE FILED IN THE SAME MANNER TO CONTINUE THE
EFFECTIVENESS OF THE INITIAL FINANCING STATEMENT.

(F) IF A DEBTOR IS A TRANSMITTING UTILITY AND A FILED FINANCING
STATEMENT SO INDICATES, THE FINANCING STATEMENT IS EFFECTIVE UNTIL A
TERMINATION STATEMENT IS FILED.

(G) A RECORD OF A MORTGAGE THAT IS EFFECTIVE AS A FINANCING
STATEMENT FILED AS A FIXTURE FILING UNDER § 9-502(C) REMAINS EFFECTIVE AS A
FINANCING STATEMENT FILED AS A FIXTURE FILING UNTIL THE MORTGAGE IS
RELEASED OR SATISFIED OF RECORD OR ITS EFFECTIVENESS OTHERWISE
TERMINATES AS TO THE REAL PROPERTY.

9-516. WHAT CONSTITUTES FILING; EFFECTIVENESS OF FILING.

(A) EXCEPT AS OTHERWISE PROVIDED IN SUBSECTION (B), COMMUNICATION
OF A RECORD TO A FILING OFFICE AND TENDER OF THE FILING FEE OR ACCEPTANCE
OF THE RECORD BY THE FILING OFFICE CONSTITUTES FILING.

(B) FILING DOES NOT OCCUR WITH RESPECT TO A RECORD THAT A FILING
OFFICE REFUSES TO ACCEPT BECAUSE: