Texas § BC.9.707 - AMENDMENT OF PRE-EFFECTIVE-DATE FINANCING STATEMENT

Full text of Texas The Texas Constitution § BC.9.707 — AMENDMENT OF PRE-EFFECTIVE-DATE FINANCING STATEMENT, with citation guidance and answers to common questions.

§ BC.9.707. AMENDMENT OF PRE-EFFECTIVE-DATE FINANCING STATEMENT

AMENDMENT OF PRE-EFFECTIVE-DATE FINANCING STATEMENT. (a) In this section, "pre-effective-date financing statement" means a financing statement filed before the revision takes effect. (b) After the revision takes effect, a person may add or delete collateral covered by, continue or terminate the effectiveness of, or otherwise amend the information provided in a pre-effective-date financing statement only in accordance with the law of the jurisdiction governing perfection as provided in Subchapter C. However, the effectiveness of a pre-effective-date financing statement also may be terminated in accordance with the law of the jurisdiction in which the financing statement is filed. (c) Except as otherwise provided in Subsection (d), if the law of this state governs perfection of a security interest, the information in a pre-effective-date financing statement may be amended after the revision takes effect only if: (1) the pre-effective-date financing statement and an amendment are filed in the office specified in Section 9.501 ; (2) an amendment is filed in the office specified in Section 9.501 concurrently with, or after the filing in that office of, an initial financing statement that satisfies Section 9.706 (c); or (3) an initial financing statement that provides the information as amended and satisfies Section 9.706 (c) is filed in the office specified in Section 9.501 . (d) If the law of this state governs perfection of a security interest, the effectiveness of a pre-effective-date financing statement may be continued only under Sections 9.705 (d) and (f) or Section 9.706 . (e) Whether or not the law of this state governs perfection of a security interest, the effectiveness of a pre-effective-date financing statement filed in this state may be terminated after the revision takes effect by filing a termination statement in the office in which the pre-effective-date financing statement is filed, unless an initial financing statement that satisfies Section 9.706 (c) has been filed in the office specified by the law of the jurisdiction governing perfection as provided in Subchapter C as the office in which to file a financing statement. Reenacted from Acts 1999, 76th Leg., ch. 414, and amended by Acts 2001, 77th Leg., ch. 705, Sec. 23, eff. June 13, 2001.

Frequently Asked Questions About Texas § BC.9.707

What does The Texas Constitution § BC.9.707 cover?

Section BC.9.707 ("AMENDMENT OF PRE-EFFECTIVE-DATE FINANCING STATEMENT") is part of the The Texas Constitution, the codified statutory law of Texas. 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 Texas § BC.9.707?

A common citation format is "The Texas Constitution § BC.9.707" (Texas). 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 Texas law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.

How does Texas § BC.9.707 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas 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 Texas.