§ 9511. Secured party of record.
(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 which has been filed. If an initial financing statement is filed under section 9514(a) (relating to assignment reflected on initial financing statement), 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 9514(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 Pennsylvania Consolidated & Unconsolidated Statutes
Pennsylvania Consolidated & Unconsolidated Statutes
Section 9503 - Name of debtor and secured party
Section 9504 - Indication of collateral
Section 9506 - Effect of errors or omissions
Section 9507 - Effect of certain events on effectiveness of financing statement
Section 9509 - Persons entitled to file a record
Section 9510 - Effectiveness of filed record
Section 9511 - Secured party of record
Section 9512 - Amendment of financing statement
Section 9513 - Termination statement
Section 9514 - Assignment of powers of secured party of record
Section 9516 - What constitutes filing; effectiveness of filing
Section 9517 - Effect of indexing errors
Section 9518 - Claim concerning inaccurate or wrongfully filed record
Section 9520 - Acceptance and refusal to accept record
Section 9521 - Uniform form of written financing statement and amendment
Section 9522 - Maintenance and destruction of records
Section 9523 - Information from filing office; sale or license of records
Section 9524 - Delay by filing office