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Session Laws, 1999
Volume 796, Page 2114   View pdf image
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(2) TO THE EXTENT THAT THE LAW OF THIS STATE PROVIDES FOR
INDEXING OF RECORDS OF MORTGAGES UNDER THE NAME OF THE MORTGAGEE,
UNDER THE NAME OF THE SECURED PARTY AS IF THE SECURED PARTY WERE THE
MORTGAGEE THEREUNDER, OR, IF INDEXING IS BY DESCRIPTION, AS IF THE
FINANCING STATEMENT WERE A RECORD OF A MORTGAGE OF THE REAL PROPERTY
DESCRIBED.

(E) (D) IF A FINANCING STATEMENT IS FILED AS A FIXTURE FILING OR
COVERS AS EXTRACTED COLLATERAL OR TIMBER TO BE CUT, THE FILING OFFICE
SHALL INDEX AN ASSIGNMENT FILED UNDER § 9-514(A) OR AN AMENDMENT FILED
UNDER § 9-614(B):

(1) UNDER THE NAME OF THE ASSIGNOR AS GRANTOR; AND

(2) TO THE EXTENT THAT THE LAW OF THIS STATE PROVIDES FOR
INDEXING A RECORD OF THE ASSIGNMENT OF A MORTGAGE UNDER THE NAME OF
THE ASSIGNEE, UNDER THE NAME OF THE ASSIGNEE.

(F) (E) THE FILING OFFICE SHALL MAINTAIN A CAPABILITY:

(1) TO RETRIEVE A RECORD BY THE NAME OF THE DEBTOR AND BY THE
FILE NUMBER ASSIGNED TO THE INITIAL FINANCING STATEMENT TO WHICH THE
RECORD RELATES; AND

(2) TO ASSOCIATE AND RETRIEVE WITH ONE ANOTHER AN INITIAL
FINANCING STATEMENT AND EACH FILED RECORD RELATING TO THE INITIAL
FINANCING STATEMENT.

(G) (F) THE FILING OFFICE MAY NOT REMOVE A DEBTOR'S NAME FROM THE
INDEX UNTIL ONE YEAR AFTER THE EFFECTIVENESS OF A FINANCING STATEMENT
NAMING THE DEBTOR LAPSES UNDER § 9-515 WITH RESPECT TO ALL SECURED
PARTIES OF RECORD.

(H) (G) THE FILING OFFICE SHALL PERFORM THE ACTS REQUIRED BY
SUBSECTIONS (A) THROUGH (E) AT THE TIME AND IN THE MANNER PRESCRIBED BY
FILING-OFFICE RULE.

(I) (H) SUBSECTIONS (B) AND (H) DO NOT APPLY TO A FILING OFFICE
DESCRIBED IN § 9-501(A)(1).

9-520. ACCEPTANCE AND REFUSAL TO ACCEPT RECORD.

(A) A FILING OFFICE SHALL REFUSE TO ACCEPT A RECORD FOR FILING FOR A
REASON SET FORTH IN § 9-516(B) AND MAY REFUSE TO ACCEPT A RECORD FOR
FILING ONLY FOR A REASON SET FORTH IN § 9-516(B).

(B) IF A FILING OFFICE REFUSES TO ACCEPT A RECORD FOR FILING, IT SHALL
COMMUNICATE TO THE PERSON THAT PRESENTED THE RECORD THE FACT OF AND
REASON FOR THE REFUSAL AND THE DATE AND TIME THE RECORD WOULD HAVE
BEEN FILED HAD THE FILING OFFICE ACCEPTED IT. THE COMMUNICATION MUST BE
MADE AT THE TIME AND IN THE MANNER PRESCRIBED BY FILING-OFFICE RULE
DESCRIBED IN § 9-501(A)(2).

 

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Session Laws, 1999
Volume 796, Page 2114   View pdf image
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