Section 8.9A-514 - Assignment of powers of secured party of record(a) Assignment reflected on initial financing statement. Except as otherwise provided in subsection (c), 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. Except as otherwise provided in subsection (c), 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.(c) Assignment of record of mortgage. An assignment of record of a security interest in a fixture covered by a record of a mortgage which is effective as a financing statement filed as a fixture filing under § 8.9A-502A(c) may be made only by an assignment of record of the mortgage in the manner provided by law of the Commonwealth other than the Uniform Commercial Code.Code 1950, §§ 43-55, 43-65; 1964, c. 219, § 8.9-405; 1973, c. 509; 1975, c. 225; 1977, c. 539; 1978, c. 284; 1982, c. 652; 1984, c. 771; 1988, c. 804; 1990, c. 412; 1992, c. 784; 2000, c. 1007.Amended by Acts 2000, § c. 1007.Amended by Acts 1992, § c. 784.Amended by Acts 1990, § c. 412.Amended by Acts 1988, § c. 804.Amended by Acts 1984, § c. 771.Amended by Acts 1982, § c. 652.Amended by Acts 1978, § c. 284.Amended by Acts 1977, § c. 539.Amended by Acts 1975, § c.225.Amended by Acts 1973, § c. 509.Amended by Acts 1964, § c. 219, § 8.9-405.