Sec. 9.512. AMENDMENT OF FINANCING STATEMENT. (a) Subject to Section 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:
(1) identifies, by its file number, the initial financing statement to which the amendment relates; and
(2) if the amendment relates to an initial financing statement filed or recorded in a filing office described in Section 9.501(a)(1), provides the information specified in Section 9.502(b).
(b) Except as otherwise provided in Section 9.515, the filing of an amendment does not extend the period of effectiveness of the financing statement.
(c) 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.
(d) 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.
(e) An amendment is ineffective to the extent it:
(1) purports to delete all debtors and fails to provide the name of a debtor to be covered by the financing statement; or
(2) purports to delete all secured parties of record and fails to provide the name of a new secured party of record.
(f) A secured party may change the name or mailing address of the secured party in more than one financing statement by filing a master amendment setting forth the name of the secured party and file number of each financing statement and the new name or mailing address of the secured party. The secured party must also provide filing information in computer-readable form prescribed by the Secretary of State.
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