554.9511 Secured party of record. 1. Secured party of record. 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 arepresentative of the secured party in an initial financing statement that has been filed. If aninitial financing statement is filed under section 554.9514, subsection 1, the assignee namedin the initial financing statement is the secured party of record with respect to the financingstatement. 2. Amendment naming secured party of record. If an amendment of a financing statement which provides the name of a person as a secured party or a representative ofa secured party is filed, the person named in the amendment is a secured party of record.If an amendment is filed under section 554.9514, subsection 2, the assignee named in theamendment is a secured party of record. 3. Amendment deleting secured party of record. A person remains a secured party of record until the filing of an amendment of the financing statement which deletes the person. 2000 Acts, ch 1149, §82, 187 Sat Dec 23 11:02:12 2023 Iowa Code 2024, Section 554.9511 (24, 0)
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