§ 26-1-9-1-512

1-509, a person may add or delete collateral covered by, continue or terminate the effectiveness of, or, subject to subsection (e), 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 filed or recorded in a filing office described in IC 26-1-9.1-501(a)(1), provides the information specified in IC 26-1-9.1-502(b).(b) Except as otherwise provided in IC 26-1-9.1-515, 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

om 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.As added by P.L.57-2000, SEC.45.