Vt. Stat. tit. 9A § 9-511

Current through L. 2024, c. 185.
Section 9-511 - Secured party of record
(a) A secured party of record with respect to a financing statement is a person whose name is provided as the name of the secured party or a representative of the secured party in an initial financing statement that has been filed. If an initial financing statement is filed under subsection 9-514(a) of this title, the assignee named in the initial financing statement is the secured party of record with respect to the financing statement.
(b) If an amendment of a financing statement which provides the name of a person as a secured party or a representative of a secured party is filed, the person named in the amendment is a secured party of record. If an amendment is filed under subsection 9-514(b) of this title, the assignee named in the amendment is a secured party of record.
(c) A person remains a secured party of record until the filing of an amendment of the financing statement which deletes the person.

9A V.S.A. § 9-511

Added 1999, No. 106 (Adj. Sess.), § 2, eff. 7/1/2001.