1. (a) Subject to section 4-9-509, 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:
2. (1) Identifies, by file number, the initial financing statement to which the amendment relates; and
3. (2) Provides the date that the initial financing statement was filed or recorded.
4. (b) Except as otherwise provided in section 4-9-515, the filing of an amendment does not extend the period of effectiveness of the financing statement.
5. (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.
6. (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.
7. (e) An amendment is ineffective to the extent it:
8. (1) Purports to delete all debtors and fails to provide the name of a debtor to be covered by the financing statement; or
9. (2) Purports to delete all secured parties of record and fails to provide the name of a new secured party of record.

Source: L. 2001: Entire article R&RE, p. 1384, § 1, effective July 1.

Editor's note: (1) This section is similar to former § 4-9-402 (4) as it existed prior to 2001.

(2) Colorado legislative change: Subsection (a)(2) of the uniform act states: if the amendment relates to an initial financing statement filed [or recorded] in a filing office described in Section 9-501(a)(1), provides the date and time that the initial financing statement was filed or recorded and the information specified in Section 9-502 (b).