Section 34.1-9-518 – Claim Concerning Inaccurate or Wrongfully Filed Record.
34.1-9-518. Claim concerning inaccurate or wrongfully filed record. (a) A person may file in the filing office an information statement with respect to a record indexed there under the person’s name if the person believes that the record is inaccurate or was wrongfully filed. (b) An information statement under subsection (a) of this section must: […]
Section 34.1-9-509 – Persons Entitled to File a Record.
34.1-9-509. Persons entitled to file a record. (a) 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: (i) The debtor authorizes the filing in an authenticated record or pursuant to subsection (b) or (c) of […]
Section 34.1-9-510 – Effectiveness of Filed Record.
34.1-9-510. Effectiveness of filed record. (a) A filed record is effective only to the extent that it was filed by a person that may file it under section 34.1-9-509. (b) A record authorized by one (1) secured party of record does not affect the financing statement with respect to another secured party of record. (c) […]
Section 34.1-9-511 – Secured Party of Record.
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 34.1-9-512 – Amendment of Financing Statement.
34.1-9-512. Amendment of financing statement. (a) Subject to section 34.1-9-509, a person may add or delete collateral covered by, continue or terminate the effectiveness of, or, subject to subsection (e), otherwise amend the information provided in, a financing statement by filing an amendment that: (i) Identifies, by its file number, the initial financing statement to […]
Section 34.1-9-513 – Termination Statement.
34.1-9-513. Termination statement. (a) 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: (i) There is no obligation secured by the collateral covered by the financing statement and no commitment to make an […]
Section 34.1-9-508 – Effectiveness of Financing Statement if New Debtor Becomes Bound by Security Agreement.
34.1-9-508. Effectiveness of financing statement if new debtor becomes bound by security agreement. (a) 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 […]
Section 34.1-9-504 – Indication of Collateral.
34.1-9-504. Indication of collateral. (a) A financing statement sufficiently indicates the collateral that it covers if the financing statement provides: (i) A description of the collateral pursuant to section 34.1-9-108; or (ii) An indication that the financing statement covers all assets or all personal property.
Section 34.1-9-505 – Filing and Compliance With Other Statutes and Treaties for Consignments, Leases, Other Bailments and Other Transactions.
34.1-9-505. Filing and compliance with other statutes and treaties for consignments, leases, other bailments and other transactions. (a) A consignor, lessor or other bailor of goods, a licensor, or a buyer of a payment intangible or promissory note may file a financing statement, or may comply with a statute or treaty described in section 34.1-9-311(a), […]
Section 34.1-9-506 – Effect of Errors or Omissions.
34.1-9-506. Effect of errors or omissions. (a) A financing statement substantially satisfying the requirements of this part is effective, even if it has minor errors or omissions, unless the errors or omissions make the financing statement seriously misleading. (b) Except as otherwise provided in subsection (c), a financing statement that fails sufficiently to provide the […]