11 §9-1507. Effect of certain events on effectiveness of financing statement
§9-1507. Effect of certain events on effectiveness of financing statement (1). A filed financing statement remains effective with respect to collateral that is sold, exchanged, leased, licensed or otherwise disposed of and in which a security interest or agricultural lien continues, even if the secured party knows of or consents to the disposition. [PL […]
11 §9-1508. Effectiveness of financing statement if new debtor becomes bound by security agreement
§9-1508. Effectiveness of financing statement if new debtor becomes bound by security agreement (1). Except as otherwise provided in this section, a filed financing statement naming an original debtor is effective to perfect a security interest in collateral in which a new debtor has or acquires rights to the extent that the financing statement would […]
11 §9-1509. Persons entitled to file a record
§9-1509. Persons entitled to file a record (1). A person may file an initial financing statement, amendment that adds collateral covered by a financing statement or amendment that adds a debtor to a financing statement only if: (a). The debtor authorizes the filing in an authenticated record or pursuant to subsection (2) or (3); […]
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 […]