§490:9-511  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
490:9-514(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 490:9-514(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. [L 2000, c 241, pt of §1]