RS 10:9-514.1 - Master assignments and master amendments (a) Master assignment. A secured party of record may assign all of its rights under twenty or more financing statements filed in a parish by filing with the filing office where the financing statements were originally filed a statement of master assignment in the form prescribed by the secretary of state, setting forth: (1) the initial financing statement to which each relates, by each file number; (2) the name of the assignor; and (3) the name and mailing address of the assignee. (b) Master amendment. A secured party of record may amend to change its name and mailing address twenty or more financing statements filed in a parish by filing with the filing office where the financing statements were originally filed a statement of master amendment in the form prescribed by the secretary of state, setting forth: (1) by each file number, the initial financing statement to which each relates; (2) the name of the secured party; (3) the information that is being amended. Acts 2001, No. 128, §1, eff. July 1, 2001.
Louisiana Legal Code