11 §9-1510. Effectiveness of filed record
§9-1510. Effectiveness of filed record (1). A filed record is effective only to the extent that it was filed by a person that may file it under section 9-1509. [PL 1999, c. 699, Pt. A, §2 (NEW); PL 1999, c. 699, Pt. A, §4 (AFF).] (2). A record authorized by one secured party of […]
11 §9-1511. Secured party of record
§9-1511. Secured party of record (1). 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 […]
11 §9-1512. Amendment of financing statement
§9-1512. Amendment of financing statement (1). Subject to Section 9-1509, a person may add or delete collateral covered by, continue or terminate the effectiveness of or, subject to subsection (5), otherwise amend the information provided in a financing statement by filing an amendment that: (a). Identifies, by its file number, the initial financing statement […]
11 §9-1513. Termination statement
§9-1513. Termination statement (1). A secured party shall cause the secured party of record for a financing statement to file a termination statement for the financing statement if the financing statement covers consumer goods and: (a). There is no obligation secured by the collateral covered by the financing statement and no commitment to make […]
11 §9-1514. Assignment of powers of secured party of record
§9-1514. Assignment of powers of secured party of record (1). Except as otherwise provided in subsection (3), an initial financing statement may reflect an assignment of all of the secured party’s power to authorize an amendment to the financing statement by providing the name and mailing address of the assignee as the name and address […]
11 §9-1515. Duration and effectiveness of financing statement; effect of lapsed financing statement
§9-1515. Duration and effectiveness of financing statement; effect of lapsed financing statement (1). Except as otherwise provided in subsections (2), (5), (6) and (7), a filed financing statement is effective for a period of 5 years after the date of filing. [PL 1999, c. 699, Pt. A, §2 (NEW); PL 1999, c. 699, Pt. […]
11 §9-1516. What constitutes filing; effectiveness of filing
§9-1516. What constitutes filing; effectiveness of filing (1). Except as otherwise provided in subsection (2), communication of a record to a filing office and tender of the filing fee or acceptance of the record by the filing office constitutes filing. [PL 1999, c. 699, Pt. A, §2 (NEW); PL 1999, c. 699, Pt. A, […]
11 §9-1501. Filing office
§9-1501. Filing office (1). Except as otherwise provided in subsection (2), if the local law of this State governs perfection of a security interest or agricultural lien, the office in which to file a financing statement to perfect the security interest or agricultural lien is: (a). The registry of deeds for the county in […]
11 §9-1517. Effect of indexing errors
§9-1517. Effect of indexing errors The failure of the filing office to index a record correctly does not affect the effectiveness of the filed record. [PL 1999, c. 699, Pt. A, §2 (NEW); PL 1999, c. 699, Pt. A, §4 (AFF).] SECTION HISTORY PL 1999, c. 699, §A2 (NEW). PL 1999, c. 699, §A4 […]
11 §9-1502. Contents of financing statement; record of mortgage as financing statement; time of filing financing statement
§9-1502. Contents of financing statement; record of mortgage as financing statement; time of filing financing statement (1). Subject to subsection (2), a financing statement is sufficient only if it: (a). Provides the name of the debtor; [PL 1999, c. 699, Pt. A, §2 (NEW); PL 1999, c. 699, Pt. A, §4 (AFF).] (b). […]