Section 32Sec./Art. 32

Amendment of Notice.

(a) A notice may be amended by the registration of an amendment notice that:

(1) Identifies the initial notice by its registration number; and

(2) Provides the new information.

(b) An amendment notice that adds collateral that is not proceeds must be authorized by the grantor in writing.

(c) An amendment notice that adds a grantor must be authorized by the added grantor in writing.

(d) An amendment notice shall be effective only as to each secured creditor who authorizes it.

(e) An amendment notice that adds collateral or a grantor shall be effective as to the added collateral or grantor from the date of its registration.