RCW 62A.9A-707
378 words·~2 min read·
/wa/title-62a/chapter-62a-9a/62a-9a-707·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)Preeffective-date financing statement. In this section, "preeffective-date financing statement" means a financing statement filed before July 1, 2001.
(b)Applicable law. On or after July 1, 2001, a person may add or delete collateral covered by, continue or terminate the effectiveness of, or otherwise amend the information provided in, a preeffective-date financing statement only in accordance with the law of the jurisdiction governing perfection as provided in Part 3. However, the effectiveness of a preeffective-date financing statement also may be terminated in accordance with the law of the jurisdiction in which the financing statement is filed.
(c)Method of amending: General rule. Except as otherwise provided in subsection
(d)of this section, if the law of this state governs perfection of a security interest, the information in a preeffective-date financing statement may be amended on or after July 1, 2001, only if:
(1)The preeffective-date financing statement and an amendment are filed in the office specified in RCW 62A.9A-501 ;
(2)An amendment is filed in the office specified in RCW 62A.9A-501 concurrently with, or after the filing in that office of, an initial financing statement that satisfies RCW 62A.9A-706 (c); or
(3)An initial financing statement that provides the information as amended and satisfies RCW 62A.9A-706
(c)is filed in the office specified in RCW 62A.9A-501 .
(d)Method of amending: Continuation. If the law of this state governs perfection of a security interest, the effectiveness of a preeffective-date financing statement may be continued only under RCW 62A.9A-705
(d)and
(f)or 62A.9A-706 .
(e)Method of amending: Additional termination rule. Whether or not the law of this state governs perfection of a security interest, the effectiveness of a preeffective-date financing statement filed in this state may be terminated on or after July 1, 2001, by filing a termination statement in the office in which the preeffective-date financing statement is filed, unless an initial financing statement that satisfies RCW 62A.9A-706
(c)has been filed in the office specified by the law of the jurisdiction governing perfection as provided in Part 3 as the office in which to file a financing statement.
[ 2001 c 32 s 51 ; 2000 c 250 s 9A-707.]
Notes:
Effective date — 2001 c 32: See note following RCW 62A.9A-102 .