(a) "Preeffective date financing statement." For the purposes of this section, "preeffective date financing statement" means a financing statement filed before July 1, 2013.
(b) Applicable law. After July 1, 2013, a person may add or delete collateral covered by, continue or terminate the effectiveness of, or otherwise amend the information provided in, a preeffective date financing statement only in accordance with the law of the jurisdiction governing perfection as provided in chapter 62A.9A RCW as of July 1, 2013. However, the effectiveness of a preeffective date financing statement also may be terminated in accordance with the law of the jurisdiction in which the financing statement is filed.
(c) Method of amending: General rule. Except as otherwise provided in subsection (d) of this section, if the law of this state governs perfection of a security interest, the information in a preeffective date financing statement may be amended after July 1, 2013, only if:
(1) The preeffective date financing statement and an amendment are filed in the office specified in RCW 62A.9A-501;
(2) An amendment is filed in the office specified in RCW 62A.9A-501 concurrently with, or after the filing in that office of, an initial financing statement that satisfies RCW 62A.9A-806(c); or
(3) An initial financing statement that provides the information as amended and satisfies RCW 62A.9A-806(c) is filed in the office specified in RCW 62A.9A-501.
(d) Method of amending: Continuation. If the law of this state governs perfection of a security interest, the effectiveness of a preeffective date financing statement may be continued only under RCW 62A.9A-805 (c) or (e) or 62A.9A-806.
(e) Method of amending: Additional termination rule. Whether or not the law of this state governs perfection of a security interest, the effectiveness of a preeffective date financing statement filed in this state may be terminated after July 1, 2013, by filing a termination statement in the office in which the preeffective date financing statement is filed, unless an initial financing statement that satisfies RCW 62A.9A-806(c) has been filed in the office specified by the law of the jurisdiction governing perfection as provided in chapter 62A.9A RCW as of July 1, 2013, as the office in which to file a financing statement.
[ 2011 c 74 § 606.]
NOTES:
Application—Effective date—2011 c 74: See notes following RCW 62A.9A-102.