(a) Secured party of record. — 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 9-514(a), the assignee named in the initial financing statement is the secured party of record with respect to the financing statement.
(b) Amendment naming secured party of record. — 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 9-514(b), the assignee named in the amendment is a secured party of record.
(c) Amendment deleting secured party of record. — A person remains a secured party of record until the filing of an amendment of the financing statement which deletes the person.
Structure Delaware Code
Article 9. Secured Transactions
§ 9-503. Name of debtor and secured party.
§ 9-504. Indication of collateral.
§ 9-506. Effect of errors or omissions.
§ 9-507. Effect of certain events on effectiveness of financing statement.
§ 9-508. Effectiveness of financing statement if new debtor becomes bound by security agreement.
§ 9-509. Persons entitled to file a record.
§ 9-510. Effectiveness of filed record.
§ 9-511. Secured party of record.
§ 9-512. Amendment of financing statement.
§ 9-513. Termination statement.
§ 9-514. Assignment of powers of secured party of record.
§ 9-515. Duration and effectiveness of financing statement; effect of lapsed financing statement.
§ 9-516. What constitutes filing; effectiveness of filing.
§ 9-517. Effect of indexing errors.
§ 9-518. Claim concerning inaccurate or wrongfully filed record.
§ 9-520. Acceptance and refusal to accept record.
§ 9-521. Uniform form of written financing statement and amendment.
§ 9-522. Maintenance and destruction of records.
§ 9-523. Information from filing office; sale or license of records.