28-9-511. 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 28-9-514(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 28-9-514(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.
History:
[28-9-511, added 2001, ch. 208, sec. 2, p. 766.]
Structure Idaho Code
Title 28 - COMMERCIAL TRANSACTIONS
Chapter 9 - SECURED TRANSACTIONS
Section 28-9-501 - FILING OFFICE.
Section 28-9-503 - NAME OF DEBTOR AND SECURED PARTY.
Section 28-9-504 - INDICATION OF COLLATERAL.
Section 28-9-506 - EFFECT OF ERRORS OR OMISSIONS.
Section 28-9-507 - EFFECT OF CERTAIN EVENTS ON EFFECTIVENESS OF FINANCING STATEMENT.
Section 28-9-509 - PERSONS ENTITLED TO FILE A RECORD.
Section 28-9-510 - EFFECTIVENESS OF FILED RECORD.
Section 28-9-511 - SECURED PARTY OF RECORD.
Section 28-9-512 - AMENDMENT OF FINANCING STATEMENT.
Section 28-9-513 - TERMINATION STATEMENT.
Section 28-9-514 - ASSIGNMENT OF POWERS OF SECURED PARTY OF RECORD.
Section 28-9-516 - WHAT CONSTITUTES FILING — EFFECTIVENESS OF FILING.
Section 28-9-516A - FILING OFFICER DUTIES.
Section 28-9-517 - EFFECT OF INDEXING ERRORS.
Section 28-9-518 - CLAIM CONCERNING INACCURATE OR WRONGFULLY FILED RECORD.
Section 28-9-520 - ACCEPTANCE AND REFUSAL TO ACCEPT RECORD.
Section 28-9-521 - UNIFORM FORM OF WRITTEN FINANCING STATEMENT AND AMENDMENT.
Section 28-9-522 - MAINTENANCE AND DESTRUCTION OF RECORDS.