New Jersey § 12a:9-514
Full text of New Jersey New Jersey Statutes § 12a:9-514, with citation guidance and answers to common questions.
§ 12a:9-514.
(a) Assignment reflected on initial financing statement. Except as otherwise provided in subsection (c) , 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. (b) Assignment of filed financing statement. Except as otherwise provided in subsection (c) , 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: (1) identifies, by its file number, the initial financing statement to which it relates; (2) provides the name of the assignor; and (3) provides the name and mailing address of the assignee. (c) Assignment of record of mortgage. An assignment of record of a security interest in a fixture covered by a record
of a mortgage which is effective as a financing statement filed as a fixture filing under 12A:9-502 (c) may be made only by an assignment of record of the mortgage in the manner provided
by law of this State other than the Uniform Commercial Code.
Frequently Asked Questions About New Jersey § 12a:9-514
What does New Jersey Statutes § 12a:9-514 cover?
Section 12a:9-514 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:9-514?
A common citation format is "New Jersey Statutes § 12a:9-514" (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:9-514 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.