- (a) 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 a representative of the secured party in an initial financing statement that has been filed. If an initial financing statement is filed under K.S.A. 2025 Supp. 84-9-514(a), and amendments thereto, the assignee named in the initial financing statement is the secured party of record with respect to the financing statement.
- (b) 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 of a secured party is filed, the person named in the amendment is a secured party of record. If an amendment is filed under K.S.A. 2025 Supp. 84-9-514(b), and amendments thereto, the assignee named in the amendment is a secured party of record.
- (c) 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.
L. 2000, ch. 142, § 82; July 1, 2001.