679.511 Secured party of record.—
(1) 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 s. 679.514(1), the assignee named in the initial financing statement is the secured party of record with respect to the financing statement.
(2) 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 s. 679.514(2), the assignee named in the amendment is a secured party of record.
(3) A person remains a secured party of record until the filing of an amendment of the financing statement which deletes the person.
History.—s. 6, ch. 2001-198.
Section: Previous 679.5041 679.5051 679.5061 679.5071 679.508 679.509 679.510 679.511 679.512 679.513 679.514 679.515 679.516 679.517 679.518 NextLast modified: September 23, 2016