Amendment of financing statement

4-9-512. Amendment of financing statement. (a) Subject to section 4-9-509, a person may add or delete collateral covered by, continue or terminate the effectiveness of, or, subject to subsection (e) of this section, otherwise amend the information provided in, a financing statement by filing an amendment that: (1) Identifies, by file number, the initial financing statement to which the amendment relates; and (2) Provides the date that the initial financing statement was filed or recorded. (b) Except as otherwise provided in section 4-9-515, the filing of an amendment does not extend the period of effectiveness of the financing statement. (c) A financing statement that is amended by an amendment that adds collateral is effective as to the added collateral only from the date of the filing of the amendment. (d) A financing statement that is amended by an amendment that adds a debtor is effective as to the added debtor only from the date of the filing of the amendment. (e) An amendment is ineffective to the extent it: (1) Purports to delete all debtors and fails to provide the name of a debtor to be covered by the financing statement; or (2) Purports to delete all secured parties of record and fails to provide the name of a new secured party of record. Source: L. 2001: Entire article R&RE, p. 1384, � 1, effective July 1. Editor's note: (1) This section is similar to former � 4-9-402 (4) as it existed prior to 2001. (2) Colorado legislative change: Subsection (a)(2) of the uniform act states: if the amendment relates to an initial financing statement filed [or recorded] in a filing office described in Section 9-501(a)(1), provides the date and time that the initial financing statement was filed or recorded and the information specified in Section 9-502 (b).