47-9511. 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 section 47-9514, subsection A, 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 that 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 section 47-9514, subsection B, 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 that deletes the person.
Arizona Legal Code