Amendment of pre-effective-date financing statement.

Utah Code § 70A-9a-707, under Part 70A-9a-7: Transition.

Utah Code § 70A-9a-707

70A-9a-707. Amendment of pre-effective-date financing statement.

(1) In this section, "pre-effective-date financing statement" means a financing statement filed before this act takes effect.

(2) After this act takes effect, a person may add or delete collateral covered by, continue or terminate the effectiveness of, or otherwise amend the information provided in, a pre-effective-date financing statement only in accordance with the law of the jurisdiction governing perfection as provided in. However, the effectiveness of a pre-effective-date financing statement also may be terminated in accordance with the law of the jurisdiction in which the financing statement is filed. Part 3, Perfection and Priority

(3) Except as otherwise provided in Subsection, if the law of this state governs perfection of a security interest, the information in a pre-effective-date financing statement may be amended after this act takes effect only if: (4) the pre-effective-date financing statement and an amendment are filed in the office specified in Section; 70A-9a-501 an amendment is filed in the office specified in Sectionconcurrently with, or after the filing in that office of, an initial financing statement that satisfies Subsection; or 70A-9a-501 70A-9a-706(3) an initial financing statement that provides the information as amended and satisfies Subsectionis filed in the office specified in Section. 70A-9a-706(3) 70A-9a-501

(4) If the law of this state governs perfection of a security interest, the effectiveness of a pre-effective-date financing statement may be continued only under Subsectionsandor Section. 70A-9a-705(4) (6) 70A-9a-706

(5) Whether or not the law of this state governs perfection of a security interest, the effectiveness of a pre-effective-date financing statement filed in this state may be terminated after this act takes effect by filing a termination statement in the office in which the pre-effective-date financing statement is filed, unless an initial financing statement that satisfies Subsectionhas been filed in the office specified by the law of the jurisdiction governing perfection as provided in, as the office in which to file a financing statement. 70A-9a-706(3) Part 3, Perfection and Priority