State Codes and Statutes

Statutes > Utah > Title-70a > Chapter-09a > 70a-9a-511

70A-9a-511. Secured party of record.
(1) A secured party of record with respect to a financing statement is a person whosename is provided as the name of the secured party or a representative of the secured party in aninitial financing statement that has been filed. If an initial financing statement is filed underSubsection 70A-9a-514(1), the assignee named in the initial financing statement is the securedparty of record with respect to the financing statement.
(2) If an amendment of a financing statement which provides the name of a person as asecured party or a representative of a secured party is filed, the person named in the amendmentis a secured party of record. If an amendment is filed under Subsection 70A-9a-514(2), theassignee named in the amendment is a secured party of record.
(3) A person remains a secured party of record until the filing of an amendment of thefinancing statement which deletes the person.

Enacted by Chapter 252, 2000 General Session

State Codes and Statutes

Statutes > Utah > Title-70a > Chapter-09a > 70a-9a-511

70A-9a-511. Secured party of record.
(1) A secured party of record with respect to a financing statement is a person whosename is provided as the name of the secured party or a representative of the secured party in aninitial financing statement that has been filed. If an initial financing statement is filed underSubsection 70A-9a-514(1), the assignee named in the initial financing statement is the securedparty of record with respect to the financing statement.
(2) If an amendment of a financing statement which provides the name of a person as asecured party or a representative of a secured party is filed, the person named in the amendmentis a secured party of record. If an amendment is filed under Subsection 70A-9a-514(2), theassignee named in the amendment is a secured party of record.
(3) A person remains a secured party of record until the filing of an amendment of thefinancing statement which deletes the person.

Enacted by Chapter 252, 2000 General Session


State Codes and Statutes

State Codes and Statutes

Statutes > Utah > Title-70a > Chapter-09a > 70a-9a-511

70A-9a-511. Secured party of record.
(1) A secured party of record with respect to a financing statement is a person whosename is provided as the name of the secured party or a representative of the secured party in aninitial financing statement that has been filed. If an initial financing statement is filed underSubsection 70A-9a-514(1), the assignee named in the initial financing statement is the securedparty of record with respect to the financing statement.
(2) If an amendment of a financing statement which provides the name of a person as asecured party or a representative of a secured party is filed, the person named in the amendmentis a secured party of record. If an amendment is filed under Subsection 70A-9a-514(2), theassignee named in the amendment is a secured party of record.
(3) A person remains a secured party of record until the filing of an amendment of thefinancing statement which deletes the person.

Enacted by Chapter 252, 2000 General Session