§ 34.1-9-511 — Secured party of record

(a) A secured party of record with respect to a financing
statement is a person whose name is provided as the name of the
secured party or a representative of the secured party in an
initial financing statement that has been filed. If an initial
financing statement is filed under section 34.1-9-514(a), the
assignee named in the initial financing statement is the secured
party of record with respect to the financing statement.
(b) If an amendment of a financing statement which
provides the name of a person as a secured party or a
representative of a secured party is filed, the person named in
the amendment is a secured party of record. If an amendment is
filed under section 34.1-9-514(b), the assignee named in the
amendment is a secured party of record.
(c) A person remains a secured party of record until the
filing of an amendment of the financing statement which deletes
the person.