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Home » US Law » 2022 Code of Alabama » Title 7 - Commercial Code. » Article 9A - Secured Transactions. » Part 5 - Filing. » Division 2 - Duties and Operation of Filing Office.

Section 7-9A-520 – Acceptance and Refusal to Accept Record.

Section 7-9A-520 Acceptance and refusal to accept record. (a) Mandatory refusal to accept record. A filing office shall refuse to accept a record for filing for a reason set forth in Section 7-9A-516(b) and may refuse to accept a record for filing only for a reason set forth in Section 7-9A-516(b). (b) Communication concerning refusal. […]

Section 7-9A-521 – Uniform Form of Written Financing Statement and Amendment.

Section 7-9A-521 Uniform form of written financing statement and amendment. (a) Initial financing statement form. 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 reason set forth in Section 7-9A-516(b): UCC FINANCING STATEMENT FOLLOW INSTRUCTIONS A. NAME & […]

Section 7-9A-522 – Maintenance and Destruction of Records.

Section 7-9A-522 Maintenance and destruction of records. (a) Post-lapse maintenance and retrieval of information. 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 financing statement has lapsed under Section 7-9A-515 with respect to all secured parties of record. […]

Section 7-9A-523 – Information From Filing Office; Sale or License of Records.

Section 7-9A-523 Information from filing office; sale or license of records. (a) Acknowledgment of filing written record. 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 the number assigned to the record pursuant to Section 7-9A-519(a)(1) […]

Section 7-9A-524 – Delay by Filing Office.

Section 7-9A-524 Delay by filing office. Delay by the filing office beyond a time limit prescribed by this part is excused if: (1) the delay is caused by interruption of communication or computer facilities, war, emergency conditions, failure of equipment, or other circumstances beyond control of the filing office; and (2) the filing office exercises […]

Section 7-9A-525 – Fees.

Section 7-9A-525 Fees. (a) Initial financing statement or other record: General rule. Except as otherwise provided in subsection (e), and except that no filing fee is required for the filing of a termination statement pursuant to Section 7-9A-513, the fee for filing and indexing a record under this part is: (1) $20.00 if the record […]

Section 7-9A-526 – Filing-Office Rules.

Section 7-9A-526 Filing-office rules. (a) Adoption of filing-office rules. The Secretary of State shall adopt and publish rules to implement this article. The filing-office rules must be: (1) consistent with this article; and (2) adopted and published in accordance with the Alabama Administrative Procedure Act. (b) Harmonization of rules. To keep the filing-office rules and […]