47-9512

47-9512. Amendment of financing
statement

A. Subject to section 47-9509, 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 its file number, the initial financing statement to which the
amendment relates; and

2. If the amendment relates to an initial financing statement filed or recorded in
a filing office described in section 47-9501, subsection A, paragraph 1, provides the
name of the debtor provided in the initial financing statement and the information
specified in section 47-9502, subsection B.

B. Except as otherwise provided in section 47-9515, 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.

F. A secured party may change the name or mailing address of the secured party in
more than one financing statement by filing a master amendment setting forth the name of
the secured party and file number of each financing statement and the new name or mailing
address of the secured party. The secured party shall also provide filing information in
computer-readable form prescribed by the secretary of state.