Section R154-2-307 - Amendments Generally(1) Upon the filing of an amendment the status of the parties shall be unchanged, except that:(a) When an amendment adds a debtor or a secured party, the new debtor or secured party shall be added to appropriate index and associated with the record of the financing statement in the UCC information management system; and(b) An amendment that designates an assignee shall cause the assignee to be added as a secured party of record with respect to the affected financing statement in the UCC information management system.(2)(a) Notwithstanding the filing of an amendment that deletes a debtor or a secured party from a financing statement, no debtor or secured party of record is deleted from the UCC information management system.(b) A deleted secured party will still be treated by the filing office as a secured party of record as the filing office cannot verify the effectiveness of an amendment.(3) Except when a continuation statement, the filing of an amendment does not affect the status of the financing statement.Utah Admin. Code R154-2-307
Amended by Utah State Bulletin Number 2022-19, effective 9/21/2022