§490:9-511 - Secured party of record. - Hawaii Statutes

     §490:9-511  Secured party of record.  (a)  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 490:9-514(a), the assignee named in the initial financing statement is the secured party of record with respect to the financing statement.

     (b)  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 490:9-514(b), the assignee named in the amendment is a secured party of record.

     (c)  A person remains a secured party of record until the filing of an amendment of the financing statement which deletes the person. [L 2000, c 241, pt of §1]