Georgia § 11-9-514 - Assignment of powers of secured party of record.
Full text of Georgia Official Code of Georgia Annotated § 11-9-514 — Assignment of powers of secured party of record., with citation guidance and answers to common questions.
§ 11-9-514. Assignment of powers of secured party of record.
Assignment reflected on initial financing statement. An initial financing statement may reflect an assignment of all of the secured party's power to authorize an amendment to the financing statement by providing the name and mailing address of the assignee as the name and address of the secured party. Assignment of filed financing statement. A secured party of record may assign of record all or part of its power to authorize an amendment to a financing statement by filing in the filing office an amendment of the financing statement which: Identifies, by its file number, the initial financing statement to which it relates; Provides the name of the assignor; and Provides the name and mailing address of the assignee. (Code 1981, § 11-9-514 , enacted by Ga. L. 2001, p. 362, § 1.) Law reviews. - For article on the 1963 amendment to the Georgia Uniform Commercial Code, see 14 Mercer L. Rev. 378 (1963). For article, "Security Transfers by Secured Parties," see 4 Ga. L. Rev. 527 (1970).
Source: official Georgia text · Last verified 2026-08-27
Frequently Asked Questions About Georgia § 11-9-514
What does Official Code of Georgia Annotated § 11-9-514 cover?
Section 11-9-514 ("Assignment of powers of secured party of record.") is part of the Official Code of Georgia Annotated, the codified statutory law of Georgia. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Georgia § 11-9-514?
A common citation format is "Official Code of Georgia Annotated § 11-9-514" (Georgia). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Georgia law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Georgia official source linked on this page or consult a licensed Georgia attorney.
How does Georgia § 11-9-514 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Georgia can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Georgia.