§ 6A-9-512 - Amendment of financing statement.
SECTION 6A-9-512
§ 6A-9-512 Amendment of financingstatement. – (a) Amendment of information in financing statement. Subject to §6A-9-509, a person may add or delete collateral covered by, continue orterminate the effectiveness of, or, subject to subsection (e), otherwise amendthe information provided in, a financing statement by filing an amendment that:
(1) Identifies, by its file number, the initial financingstatement to which the amendment relates; and
(2) If the amendment relates to an initial financingstatement filed in a filing office described in § 6A-9-501(a)(1), providesthe information specified in § 6A-9-502(b) and (i) the date and time thatthe initial financing statement was filed or (ii) the book and page referencesof the filing.
(b) Period of effectiveness not affected. Except asotherwise provided in § 6A-9-515, the filing of an amendment does notextend the period of effectiveness of the financing statement.
(c) Effectiveness of amendment adding collateral. Afinancing statement that is amended by an amendment that adds collateral iseffective as to the added collateral only from the date of the filing of theamendment.
(d) Effectiveness of amendment adding debtor. Afinancing statement that is amended by an amendment that adds a debtor iseffective as to the added debtor only from the date of the filing of theamendment.
(e) Certain amendments ineffective. An amendment isineffective to the extent it:
(1) Purports to delete all debtors and fails to provide thename of a debtor to be covered by the financing statement; or
(2) Purports to delete all secured parties of record andfails to provide the name of a new secured party of record.