West Virginia Code § 46-9-514

Assignment of powers of secured party of record
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(a) Assignment reflected on initial financing statement. Except as otherwise provided in
subsection (c) of this section, an initial financing statement may reflect an assignment of all
of the secured party's power to authorize an amendment to the financing statement by
providing the name and mailing address of the assignee as the name and address of the
secured party. e
(b) Assignment of filed financing statement. Except as otherwise provided in subsection (c)
of this section, a secured party of record may assign of record all or part of its power to
authorize an amendment to a financing statement by filing in theu filing office an amendment
of the financing statement which:
(1) Identifies, by its file number, the initial financing statement to which it relates;
(2) Provides the name of the assignor; and
(3) Provides the name and mailing address of the assignee.
(c) Assignment of record of mortgage. An assignment of record of a security interest in a
fixture covered by a record of a mortgage which is effective as a financing statement filed as
a fixture filing under section 9-502(c) may be made only by an assignment of record of the
mortgage in the manner provided by law of this state other than the Uniform Commercial
Code.

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