New Jersey § 12a:9-508
Full text of New Jersey New Jersey Statutes § 12a:9-508, with citation guidance and answers to common questions.
§ 12a:9-508.
(a) Financing statement naming original debtor. Except as otherwise provided in this section, a filed financing statement naming
an original debtor is effective to perfect a security interest in collateral in which
a new debtor has or acquires rights to the extent that the financing statement would
have been effective had the original debtor acquired rights in the collateral. (b) Financing statement becoming seriously misleading. If the difference between the name of the original debtor and that of the new debtor
causes a filed financing statement that is effective under subsection (a) to be seriously misleading under 12A:9-506: (1) the financing statement is effective to perfect a security interest in collateral
acquired by the new debtor before, and within four months after, the new debtor becomes
bound under 12A:9-203 (d) ; and (2) the financing statement is not effective to perfect a security interest in collateral
acquired by the new debtor more than four months after the new debtor becomes bound
under 12A:9-203 (d) unless an initial financing statement providing the name of the new debtor is filed
before the expiration of that time. (c) When section not applicable. This section does not apply to collateral as to which a filed financing statement
remains effective against the new debtor under 12A:9-507 (a).
Frequently Asked Questions About New Jersey § 12a:9-508
What does New Jersey Statutes § 12a:9-508 cover?
Section 12a:9-508 is part of the New Jersey Statutes, the codified statutory law of New Jersey. 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 New Jersey § 12a:9-508?
A common citation format is "New Jersey Statutes § 12a:9-508" (New Jersey). 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 New Jersey law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Jersey official source linked on this page or consult a licensed New Jersey attorney.
How does New Jersey § 12a:9-508 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Jersey 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 New Jersey.