3. Successor to Secured Party of Record. Application of other law may result in a person succeeding to the powers of a secured party of record. For example, if the secured party of record (A) merges into another corporation (B) and the other corporation (B) survives, other law may provide that B has all of A's powers. In that case, B is authorized to take all actions under this Part that A would have been authorized to take. Similarly, acts taken by a person who is authorized under generally applicable principles of agency to act on behalf of the secured party of record are effective under this Part.

§9-1512.__Amendment of financing statement

(1)__Subject to Section 9-1509, a person may add or delete collateral covered by, continue or terminate the effectiveness of or, subject to subsection (5), otherwise amend the information provided in a financing statement by filing an amendment that:

(a)__Identifies, by its file number, the initial financing statement to which the amendment relates; and

(b)__If the amendment relates to an initial financing statement filed in a filing office described in section 9- 1501, subsection (1), paragraph (a), provides the date and time that the initial financing statement was filed and the information specified in section 9-1502, subsection (2).

(2)__Except as otherwise provided in section 9-1515, the filing of an amendment does not extend the period of effectiveness of the financing statement.

(3)__A financing statement that is amended by an amendment that adds collateral is effective as to the added collateral only from the date of the filing of the amendment.

(4)__A financing statement that is amended by an amendment that adds a debtor is effective as to the added debtor only from the date of the filing of the amendment.

(5)__An amendment is ineffective to the extent it:

(a)__Purports to delete all debtors and fails to provide the name of a debtor to be covered by the financing statement; or