New Jersey Statutes Title 12A. Commercial Transactions 12A § 9-619

 (a) “Transfer statement.”  In this section, “transfer statement” means a record authenticated by a secured party stating:

 (b) Effect of transfer statement.  A transfer statement entitles the transferee to the transfer of record of all rights of the debtor in the collateral specified in the statement in any official filing, recording, registration, or certificate-of-title system covering the collateral.  If a transfer statement is presented with the applicable fee and request form to the official or office responsible for maintaining the system, the official or office shall:

 (c) Transfer not a disposition;  no relief of secured party's duties.  A transfer of the record or legal title to collateral to a secured party under subsection (b) or otherwise is not of itself a disposition of collateral under this chapter and does not of itself relieve the secured party of its duties under this chapter.