Amendment of financing statement

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    (a)    Subject to § 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:

        (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 § 9-501(a)(1), provides the information specified in § 9-502(b).

    (b)    Except as otherwise provided in § 9-515, 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.


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