Statutes, codes, and regulations
New Jersey Administrative Code
Title 17 - TREASURY - GENERALChapter 33 - UNIFORM COMMERCIAL CODE RULES
Subchapter 7 - UCC INFORMATION MANAGEMENT SYSTEM
Section 17:33-7.7 - Assignment of powers of secured party of record

N.J. Admin. Code § 17:33-7.7

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Current through Register Vol. 56, No. 16, August 19, 2024
Section 17:33-7.7 - Assignment of powers of secured party of record
(a) An assignment shall have no effect on the status of the parties to the financing statement, except that each assignee named in the assignment shall become a secured party of record.
(b) An assignment shall have no effect upon the status of the financing statement.

N.J. Admin. Code § 17:33-7.7

Adopted by 55 N.J.R. 2419(a), effective 12/4/2023