15 CSR 30-90.140 - Status of Party upon Filing an Assignment

PURPOSE: This rule provides for the status of parties upon filing an assignment.

(1) An assignment shall not affect the status of the financing statement or the status of the parties to the financing statement, except that each assignee named in the assignment shall become a secured party of record.

Notes

15 CSR 30-90.140

AUTHORITY: section 400.9-526, RSMo Supp. 2001.* Original rule filed Sept. 30, 2002, effective March 30, 2003.

*Original authority: 400.9-526, RSMo 2001.