RS 10:9-514.1 Master assignments and master amendments - Louisiana Statutes

§9-514.1.  Master assignments and master amendments

(a)  Master assignment.  A secured party of record may assign all of its rights under twenty or more financing statements filed in a parish by filing with the filing office where the financing statements were originally filed a statement of master assignment in the form prescribed by the secretary of state, setting forth:

(1)  the initial financing statement to which each relates, by each file number;

(2)  the name of the assignor; and

(3)  the name and mailing address of the assignee.

(b)  Master amendment.  A secured party of record may amend to change its name and mailing address twenty or more financing statements filed in a parish by filing with the filing office where the financing statements were originally filed a statement of master amendment in the form prescribed by the secretary of state, setting forth:

(1)  by each file number, the initial financing statement to which each relates;

(2)  the name of the secured party;

(3)  the information that is being amended.

Acts 2001, No. 128, §1, eff. July 1, 2001.