Sec. 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 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 that 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) A person remains a secured party of record until the filing of an amendment of the financing statement that deletes the person.
Added by Acts 1999, 76th Leg., ch. 414, Sec. 1.01, eff. July 1, 2001.
Structure Texas Statutes
Title 1 - Uniform Commercial Code
Chapter 9 - Secured Transactions
Section 9.503. Name of Debtor and Secured Party
Section 9.504. Indication of Collateral
Section 9.506. Effect of Errors or Omissions
Section 9.507. Effect of Certain Events on Effectiveness of Financing Statement
Section 9.509. Persons Entitled to File a Record
Section 9.510. Effectiveness of Filed Record
Section 9.511. Secured Party of Record
Section 9.512. Amendment of Financing Statement
Section 9.513. Termination Statement
Section 9.514. Assignment of Powers of Secured Party of Record
Section 9.516. What Constitutes Filing; Effectiveness of Filing
Section 9.517. Effect of Indexing Errors
Section 9.518. Claim Concerning Inaccurate or Wrongfully Filed Record
Section 9.5185. Fraudulent Filing
Section 9.520. Acceptance and Refusal to Accept Record
Section 9.5211. Uniform Form of Written Financing Statement and Amendment
Section 9.522. Maintenance and Destruction of Records
Section 9.523. Information From Filing Office; Sale or License of Records
Section 9.524. Delay by Filing Office