NRS104.9512. Amendment of financing statement.  


Latest version.
  •       1.  Subject to NRS 104.9509, a person may add or delete collateral covered by, continue or terminate the effectiveness of, or, subject to subsection 5, otherwise amend the information provided in, a financing statement by filing an amendment that:

          (a) Identifies, by its file number, the initial financing statement to which the amendment relates; and

          (b) If the amendment relates to an initial financing statement filed or recorded in a filing office described in paragraph (a) of subsection 1 of NRS 104.9501, provides the date that the initial financing statement was filed or recorded and the information specified in subsection 2 of NRS 104.9502.

          2.  Except as otherwise provided in NRS 104.9515, the filing of an amendment does not extend the period of effectiveness of the financing statement.

          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:

          (a) Purports to delete all debtors and fails to provide the name of a debtor to be covered by the financing statement; or

          (b) Purports to delete all secured parties of record and fails to provide the name of a new secured party of record.

      (Added to NRS by 1999, 333)