CHAPTER 5. Filing [9501. - 9528.]

Chapter 5 added by Stats. 1999, Ch. 991, Sec. 35.

§§ 9501–9528 · 28 sections

§ 9501 (a) Except as otherwise provided in subdivision (b), if the local law of this state governs perfection of a security interest or agricultural lien, the office…
§ 9502 (a) Subject to subdivision (b), a financing statement is sufficient only if it satisfies all of the following conditions: (1) It provides the name of the…
§ 9503 (a) A financing statement sufficiently provides the name of the debtor only if it does so in accordance with the following rules: (1) Except as otherwise…
§ 9504 A financing statement sufficiently indicates the collateral that it covers if the financing statement provides either of the following: (1) A description of…
§ 9505 (a) A consignor, lessor, or other bailor of goods, a licensor, or a buyer of a payment intangible or promissory note may file a financing statement, or may…
§ 9506 (a) A financing statement substantially satisfying the requirements of this part is effective, even if it has minor errors or omissions, unless the errors or…
§ 9507 (a) A filed financing statement remains effective with respect to collateral that is sold, exchanged, leased, licensed, or otherwise disposed of and in which a…
§ 9508 (a) Except as otherwise provided in this section, a filed financing statement naming an original debtor is effective to perfect a security interest in…
§ 9509 (a) A person may file an initial financing statement, an amendment that adds collateral covered by a financing statement, or an amendment that adds a debtor to…
§ 9510 (a) A filed record is effective only to the extent that it was filed by a person that may file it under Section 9509. (b) A record authorized by one secured…
§ 9511 (a) A secured party of record with respect to a financing statement is a person whose name is provided as the name of the secured party or a representative of…
§ 9512 (a) Subject to Section 9509, a person may add or delete collateral covered by, continue or terminate the effectiveness of, or, subject to subdivision (e),…
§ 9513 (a) A secured party shall cause the secured party of record for a financing statement to file a termination statement for the financing statement if the…
§ 9514 (a) Except as otherwise provided in subdivision (c), an initial financing statement may reflect an assignment of all of the secured party’s power to authorize…
§ 9515 (a) Except as otherwise provided in subdivisions (b), (e), (f), and (g), a filed financing statement is effective for a period of five years after the date of…
§ 9516 (a) Except as otherwise provided in subdivision (b), communication of a record to a filing office and tender of the filing fee or acceptance of the record by…
§ 9517 The failure of the filing office to index a record correctly does not affect the effectiveness of the filed record.
§ 9518 (a) A person may file in the filing office an information statement with respect to a record indexed there under the person’s name if the person believes that…
§ 9519 (a) For each record filed in a filing office, the filing office shall do all of the following: (1) Assign a unique number to the filed record. (2) Create a…
§ 9520 (a) A filing office shall refuse to accept a record for filing for a reason set forth in subdivision (b) of Section 9516 and may refuse to accept a record for…
§ 9521 (a) A filing office that accepts written records may not refuse to accept a written initial financing statement in the following form and format except for a…
§ 9522 (a) 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…
§ 9523 (a) If a person that files a written record requests an acknowledgment of the filing, the filing office shall send to the person an image of the record showing…
§ 9524 Delay by the filing office beyond a time limit prescribed by this chapter is excused if both of the following conditions are satisfied: (1) The delay is caused…
§ 9525 (a) Except as otherwise provided in subdivision (d), the fee for filing and indexing a record under this chapter is set forth in subdivisions (a), (b), and (c)…
§ 9526 (a) The Secretary of State shall adopt and publish rules to implement this division. The filing-office rules shall be consistent with this division. (b) To…
§ 9526.5 (a) For purposes of this section, the following terms have the following meanings: (1) “Official filing” means the permanent archival filing of all…
§ 9528 Upon the request of any person, the Secretary of State shall issue a combined certificate showing the information as to financing statements as specified in…