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§12A-9-405.
§12A-9-405.
Assignment of Security Interest; Fees; Duty of Filing Officer.
(1) A financing statement may disclose an assignment of a security
interest in the collateral described in the financing statement by
indication in the financing statement of the name and address of the
assignee or by an assignment itself or a copy thereof on the face or
back of the statement. On presentation to the filing officer of such a
financing statement, the filing officer shall mark the same as
provided in subsection (4) of Section 9-403 of this title. The uniform
fee for filing, indexing and furnishing filing data for a financing
statement so indicating an assignment shall be Five Dollars ($5.00).
(2) A secured party may assign of record all or part of his rights
under a financing statement by the filing in the place where the
original financing statement was filed of a separate written statement
of assignment signed by the secured party of record and setting forth
the name of the secured party of record and the debtor, the file
number and the date of filing of the financing statement and the name
and address of the assignee and containing a description of the
collateral assigned. A copy of the assignment is sufficient as a
separate statement if it complies with the preceding sentence. On
presentation to the filing officer of such a separate statement, the
filing officer shall mark such separate statement with the date and
hour of the filing. He shall note the assignment on the index of the
financing statement, or in the case of a fixture filing, or a filing
covering timber to be cut, or covering minerals or the like, including
oil and gas, or accounts subject to subsection (5) of Section 9-103.1
of this title, he shall record and index the assignment as provided in
subsection (2) of Section 9-401A of this title. The uniform fee for
filing, indexing and furnishing filing data about such a separate
statement of assignment shall be Five Dollars ($5.00).
Notwithstanding the provisions of this subsection, an assignment of
record of a security interest contained in a mortgage as provided in
subsection (5) or (6) of Section 9-402 of this title may be made only
by an assignment of the mortgage inthe manner provided by the law of
this state other than this act.
(3) After the disclosure or filing of an assignment under this
section, the assignee is the secured party of record.
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