§ 4-9-512 — Amendment of financing statement

(a) Subject to section 4-9-509, a person may add or delete collateral covered by, continue or terminate the
effectiveness of, or, subject to subsection (e) of this section, otherwise amend the
information provided in, a financing statement by filing an amendment that:

(1) Identifies, by file number, the initial financing statement to which the
amendment relates; and

(2) Provides the date that the initial financing statement was filed or
recorded.

(b) Except as otherwise provided in section 4-9-515, the filing of an
amendment does not extend the period of effectiveness of the financing statement.

(c) 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) 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) 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.

Legislative History

Source: L. 2001: Entire article R&RE, p. 1384, � 1, effective July 1.