What must happen for a financing statement to be authorized if the collateral description is broader than the security agreement?

For a financing statement to be authorized when the collateral description is broader than what is specified in the security agreement, the debtor must provide a separate written authorization. This requirement ensures that the debtor agrees to the additional items listed in the financing statement that are not covered by the original security agreement.

Under the Uniform Commercial Code (UCC), a financing statement serves to perfect a security interest and gives notice of that interest to third parties. If the collateral description in the financing statement exceeds what was agreed upon in the security agreement, simply filing it without additional authorization could create a misrepresentation about the extent of the security interest and potentially mislead creditors.

This process protects both the interests of the secured party and the debtor, ensuring that both parties have a clear understanding of the scope of the collateral secured by the financing statement. Without the debtor's approval for the broader description, the validity of the financing statement could be questioned, undermining its purpose.

The other possible responses do not satisfy the need for authorization or fail to recognize the necessary legal standards surrounding security interests and collateral descriptions. Amending the security agreement or stating that no authorization is needed would not align with the requirements set forth in UCC guidelines regarding secured transactions.