The multi-purpose form in subsection (b) [Maine cite subsection (2)] covers changes with respect to the debtor, the secured party, the collateral, and the status of the financing statement (termination and continuation). A single form may be used for several different types of amendments at once (e.g., both to change a debtor's name and continue the effectiveness of the financing statement).

§9-1522.__Maintenance and destruction of records

(1)__The filing office shall maintain a record of the information provided in a filed financing statement for at least one year after the effectiveness of the financing statement has lapsed under section 9-1515 with respect to all secured parties of record.__The record must be retrievable by using the name of the debtor and:

(a)__If the record was filed in the filing office described in section 9-1501, subsection (1), paragraph (a), by using the file number assigned to the initial financing statement to which the record relates and the date and time that the record was filed; or

(b)__If the record was filed in the filing office described in section 9-1501, subsection (1), paragraph (b), by using the file number assigned to the initial financing statement to which the record relates.

(2)__Except to the extent that a statute governing disposition of public records provides otherwise, the filing office immediately may destroy any written record evidencing a financing statement.__However, if the filing office destroys a written record, it shall maintain another record of the financing statement that complies with subsection (1).

Official Comment

1. Source. Former Section 9-403(3), revised substantially.

2. Maintenance of Records. Section 9-523 [Maine cite section 9-1523] requires the filing office to provide information concerning certain lapsed financing statements. Accordingly, subsection (a) [Maine cite subsection (1)] requires the filing office to maintain a record of the information in a financing