N.Y. Uniform Commercial Code Law § 9-511: Secured Party of Record

Section 9--511. Secured Party of Record.

(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 Section 9--514(a), 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 Section 9--514(b), 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.