Subject to Section 75-9-509, 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:
Except as otherwise provided in Section 75-9-515, the filing of an amendment does not extend the period of effectiveness of the financing statement.
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.
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.
An amendment is ineffective to the extent it:
Purports to delete all debtors and fails to provide the name of a debtor to be covered by the financing statement; or
Purports to delete all secured parties of record and fails to provide the name of a new secured party of record.
Structure Mississippi Code
Title 75 - Regulation of Trade, Commerce and Investments
Chapter 9 - Uniform Commercial Code-Secured Transactions
Subpart 1 - Filing Office; Contents and Effectiveness of Financing Statement
§ 75-9-503. Name of debtor and secured party
§ 75-9-504. Indication of collateral
§ 75-9-506. Effect of errors or omissions
§ 75-9-507. Effect of certain events on effectiveness of financing statement
§ 75-9-508. Effectiveness of financing statement if new debtor becomes bound by security agreement
§ 75-9-509. Persons entitled to file a record
§ 75-9-510. Effectiveness of filed record
§ 75-9-511. Secured party of record
§ 75-9-512. Amendment of financing statement
§ 75-9-513. Termination statement
§ 75-9-514. Assignment of powers of secured party of record
§ 75-9-515. Duration and effectiveness of financing statement; effect of lapsed financing statement
§ 75-9-516. What constitutes filing; effectiveness of filing
§ 75-9-517. Effect of indexing errors
§ 75-9-518. Claim concerning inaccurate or wrongfully filed record