{"data":{"id":"us-nc/n.c.-gen.-stat.-25-9-707","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 25-9-707","heading":"Amendment of pre-effective-date financing statement.","body":"(a)\t\"Pre-effective-date financing statement\". - In this section, \"pre-effective-date financing statement\" means a financing statement filed before July 1, 2001.\n(b)\tApplicable law. - After July 1, 2001, a person may add or delete collateral covered by, continue or terminate the effectiveness of, or otherwise amend the information provided in, a pre-effective-date financing statement only in accordance with the law of the jurisdiction governing perfection as provided in Part 3 of this Article. However, the effectiveness of a pre-effective-date financing statement also may be terminated in accordance with the law of the jurisdiction in which the financing statement is filed.\n(c)\tMethod of amending: general rule. - Except as otherwise provided in subsection (d) of this section, if the law of this State governs perfection of a security interest, the information in a pre-effective-date financing statement may be amended after July 1, 2001 only if:\n(1)\tThe pre-effective-date financing statement and an amendment are filed in the office specified in G.S. 25-9-501;\n(2)\tAn amendment is filed in the office specified in G.S. 25-9-501 concurrently with, or after the filing in that office of, an initial financing statement that satisfies G.S. 25-9-706(c); or\n(3)\tAn initial financing statement that provides the information as amended and satisfies G.S. 25-9-706(c) is filed in the office specified in G.S. 25-9-501.\n(d)\tMethod of amending: continuation. - If the law of this State governs perfection of a security interest, the effectiveness of a pre-effective-date financing statement may be continued only under G.S. 25-9-705(d) and (f) or G.S. 25-9-706.\n(e)\tMethod of amending: additional termination rule. - Whether or not the law of this State governs perfection of a security interest, the effectiveness of a pre-effective-date financing statement filed in this State may be terminated after July 1, 2001, by filing a termination statement in the office in which the pre-effective-date financing statement is filed, unless an initial financing statement that satisfies G.S. 25-9-706(c) has been filed in the office specified by the law of the jurisdiction governing perfection as provided in Part 3 of this Article as the office in which to file a financing statement. However, a termination statement shall not be filed under this section in the register of deeds office unless it is the office specified in G.S. 25-9-501.\n(f)\tNo additional fee. - No separate fee shall be charged for the filing or indexing of a concurrently filed termination statement under subdivision (c)(2) of this section. (2000-169, s. 1; 2001-231, s. 6.)","path":["Chapter 25. Uniform Commercial Code.","Article 9. Secured Transactions.","Part 7. Transition."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_25/GS_25-9-707.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T17:58:47Z","sha256":"d638d0eb10b67d2fcc54d3610eaade8326703d45e0e610c0b8c4e59b7813f06a","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-25-9-706","next":"us-nc/n.c.-gen.-stat.-25-9-708"},"notice":"GroundRules: Original legal text. Not legal advice."}