| 3. Requests by Debtors Only. A financing statement filed |
under Part 5 may disclose only that a secured party may have a |
security interest in specified types of collateral. In most |
cases the financing statement will contain no indication of the |
obligation (if any) secured, whether any security interest |
actually exists, or the particular property subject to a security |
interest. Because creditors of and prospective purchasers from a |
debtor may have legitimate needs for more detailed information, |
it is necessary to provide a procedure under which the secured |
party will be required to provide information. On the other |
hand, the secured party should not be under a duty to disclose |
any details of the debtor's financial affairs to any casual |
inquirer or competitor who may inquire. For this reason, this |
section gives the right to request information to the debtor |
only. The debtor may submit a request in connection with |
negotiations with subsequent creditors and purchasers, as well as |
for the purpose of determining the status of its credit |
relationship or demonstrating which of its assets are free of a |
security interest. |