SECURED TRANSACTIONS IN MOVABLE ASSETS

Section 19: Amendment of a registered Financing Statement

2017Section 19 of 64Federal Republic of Nigeria

(1) A registered Financing Statement may be amended by a Creditor upon the registration of an Amendment Financing Statement.
(2) An amendment to a registered Financing Statement that adds a Collateral or a new Grantor is effective as to the added Collateral or the added Grantor only from the date and time when the Amendment Financing Statement is registered.
(3) An amendment to a registered Financing Statement shall be in accordance with Regulations made under this Act.

Cite this section

Section 19, SECURED TRANSACTIONS IN MOVABLE ASSETS (2017).

https://repo.podus.ai/laws/secured-transactions-in-movable-assets/section/19/