(a) Assignment reflected on initial financing statement. An initial financing statement may reflect an assignment of all of the secured party's power to authorize an amendment to the financing statement by providing the name and mailing address of the assignee as the name and address of the secured party.
(b) Assignment of filed financing statement. A secured party of record may assign of record all or part of its power to authorize an amendment to a financing statement by filing in the filing office an amendment of the financing statement which:
(1) Identifies, by its file number, the initial financing statement to which it relates;
(2) Provides the name of the assignor; and
(3) Provides the name and mailing address of the assignee.
Section: Previous 11-9-505 11-9-506 11-9-507 11-9-508 11-9-509 11-9-510 11-9-511 11-9-512 11-9-513 11-9-514 11-9-515 11-9-516 11-9-517 11-9-518 NextLast modified: October 14, 2016