§ 9-512. 9-512
367 words·~2 min read·
/us/ucc/a9/s9-512A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
[Alternative A]
(a)[Amendment of information in financing statement.] Subject to Section 9-509 , a person may add or delete collateral covered by, continue or terminate the effectiveness of, or, subject to subsection (e), otherwise amend the information provided in, a financing statement by filing an amendment that:
(1)identifies, by its file number , the initial financing statement to which the amendment relates; and
(2)if the amendment relates to an initial financing statement filed [or recorded] in a filing office described in Section 9-501(a) (1), provides the information specified in Section 9-502(b) . [Alternative B]
(a)[Amendment of information in financing statement.] Subject to Section 9-509 , a person may add or delete collateral covered by, continue or terminate the effectiveness of, or, subject to subsection (e), otherwise amend the information provided in, a financing statement by filing an amendment that:
(1)identifies, by its file number , the initial financing statement to which the amendment relates; and
(2)if the amendment relates to an initial financing statement filed [or recorded] in a filing office described in Section 9-501(a) (1), provides the date [and time] that the initial financing statement was filed [or recorded] and the information specified in Section 9-502(b) . [End of Alternatives]
(b)[Period of effectiveness not affected.] Except as otherwise provided in Section 9-515 , the filing of an amendment does not extend the period of effectiveness of the financing statement .
(c)[Effectiveness of amendment adding collateral.] A financing statement that is amended by an amendment that adds collateral is effective as to the added collateral only from the date of the filing of the amendment.
(d)[Effectiveness of amendment adding debtor.] A financing statement that is amended by an amendment that adds a debtor is effective as to the added debtor only from the date of the filing of the amendment.
(e)[Certain amendments ineffective.] An amendment is ineffective to the extent it:
(1)purports to delete all debtors and fails to provide the name of a debtor to be covered by the financing statement ; or
(2)purports to delete all secured parties of record and fails to provide the name of a new secured party of record.