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Can you summarize MNST 336.9-807?
UNIFORM COMMERCIAL CODE > AMENDMENT OF PRE-EFFECTIVE DATE FINANCING STATEMENT.
Short Summary
This legal document pertains to pre-effective date financing statements. It defines a pre-effective date financing statement as a financing statement filed before Laws 2011, chapter 31, takes effect. After the law 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 article 9 as amended by Laws 2011, chapter 31. The document specifies the methods of amending a pre-effective date financing statement, including filing an amendment concurrently with an initial financing statement or filing an initial financing statement that provides the amended information. It also mentions the method of continuing the effectiveness of a pre-effective date financing statement and the method of terminating it. The document does not mention any specific exemptions or penalties.
Whom does it apply to?
Persons who have filed a financing statement before Laws 2011, chapter 31, takes effect
What does it govern?
Pre-effective date financing statements
What are exemptions?
No exemptions are mentioned.
What are the Penalties?
No penalties are mentioned.
Jurisdiction
Minnesota