The Vermont Statutes Online
The Statutes below include the actions of the 2025 session of the General Assembly.
NOTE: The Vermont Statutes Online is an unofficial copy of the Vermont Statutes Annotated that is provided as a convenience.
(Cite as: 9A V.S.A. § 9-512)
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§ 9—512. Amendment of financing statement
(a) Subject to section 9—509 of this title, a person may add or delete collateral covered by, continue or terminate the effectiveness
of, or, subject to subsection (e) of this section, otherwise amend the information
provided in, a financing statement by filing an amendment that:
(1) identifies, by its file number, the initial financing statement to which the amendment
relates; and
(2) if the amendment relates to an initial financing statement recorded in a filing office
described in subdivision 9—501(a)(1) of this title, provides the date that the initial financing statement was recorded and the information
specified in subsection 9—502(b) of this title.
(b) Except as otherwise provided in section 9—515 of this title, the filing of an amendment does not extend the period of effectiveness of the financing
statement.
(c) 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.
(d) 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.
(e) An amendment is ineffective to the extent it:
(1) purports to delete all debtors and fails to provide the name of a debtor to be covered
by the financing statement; or
(2) purports to delete all secured parties of record and fails to provide the name of
a new secured party of record. (Added 1999, No. 106 (Adj. Sess.), § 2, eff. July 1, 2001.)