Amendment of financing statement.

70A-9a-512. Amendment of financing statement.

(1) Subject to Section, a person may add or delete collateral covered by, continue or terminate the effectiveness of, or, subject to Subsection, otherwise amend the information provided in, a financing statement by filing an amendment that: 70A-9a-509 (5) identifies, by its file number, the initial financing statement to which the amendment relates; and if the amendment relates to an initial financing statement filed or recorded in a filing office described in Subsection, provides: 70A-9a-501(1)(a) the entry number of the initial financing statement; or the book and page where the initial financing statement was filed or recorded; and the information specified in Subsection. 70A-9a-502(2)

(2) Except as otherwise provided in Section, the filing of an amendment does not extend the period of effectiveness of the financing statement. 70A-9a-515

(3) 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.

(4) 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.

(5) An amendment is ineffective to the extent it: purports to delete all debtors and fails to provide the name of a debtor to be covered by the financing statement; or purports to delete all secured parties of record and fails to provide the name of a new secured party of record.