11 §9-1603. Agreement on standards concerning rights and duties
§9-1603. Agreement on standards concerning rights and duties (1). The parties may determine by agreement the standards measuring the fulfillment of the rights of a debtor or obligor and the duties of a secured party under a rule stated in section 9-1602 if the standards are not manifestly unreasonable. [PL 1999, c. 699, Pt. […]
11 §9-1514. Assignment of powers of secured party of record
§9-1514. Assignment of powers of secured party of record (1). Except as otherwise provided in subsection (3), 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 […]
11 §9-1515. Duration and effectiveness of financing statement; effect of lapsed financing statement
§9-1515. Duration and effectiveness of financing statement; effect of lapsed financing statement (1). Except as otherwise provided in subsections (2), (5), (6) and (7), a filed financing statement is effective for a period of 5 years after the date of filing. [PL 1999, c. 699, Pt. A, §2 (NEW); PL 1999, c. 699, Pt. […]
11 §9-1516. What constitutes filing; effectiveness of filing
§9-1516. What constitutes filing; effectiveness of filing (1). Except as otherwise provided in subsection (2), communication of a record to a filing office and tender of the filing fee or acceptance of the record by the filing office constitutes filing. [PL 1999, c. 699, Pt. A, §2 (NEW); PL 1999, c. 699, Pt. A, […]
11 §9-1501. Filing office
§9-1501. Filing office (1). Except as otherwise provided in subsection (2), if the local law of this State governs perfection of a security interest or agricultural lien, the office in which to file a financing statement to perfect the security interest or agricultural lien is: (a). The registry of deeds for the county in […]
11 §9-1517. Effect of indexing errors
§9-1517. Effect of indexing errors The failure of the filing office to index a record correctly does not affect the effectiveness of the filed record. [PL 1999, c. 699, Pt. A, §2 (NEW); PL 1999, c. 699, Pt. A, §4 (AFF).] SECTION HISTORY PL 1999, c. 699, §A2 (NEW). PL 1999, c. 699, §A4 […]
11 §9-1502. Contents of financing statement; record of mortgage as financing statement; time of filing financing statement
§9-1502. Contents of financing statement; record of mortgage as financing statement; time of filing financing statement (1). Subject to subsection (2), a financing statement is sufficient only if it: (a). Provides the name of the debtor; [PL 1999, c. 699, Pt. A, §2 (NEW); PL 1999, c. 699, Pt. A, §4 (AFF).] (b). […]
11 §9-1518. Claim concerning inaccurate or wrongfully filed record
§9-1518. Claim concerning inaccurate or wrongfully filed record (1). 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 the record is inaccurate or was wrongfully filed. [PL 2013, c. 317, Pt. A, §26 (AMD).] (2). An […]
11 §9-1503. Name of debtor and secured party
§9-1503. Name of debtor and secured party (1). A financing statement sufficiently provides the name of the debtor: (a). Except as otherwise provided in paragraph (c), if the debtor is a registered organization or the collateral is held in a trust that is a registered organization, only if the financing statement provides the name […]
11 §9-1519. Numbering, maintaining and indexing records; communicating information provided in records
§9-1519. Numbering, maintaining and indexing records; communicating information provided in records (1). For each record filed in a filing office, the filing office shall: (a). Assign a unique number to the filed record; [PL 1999, c. 699, Pt. A, §2 (NEW); PL 1999, c. 699, Pt. A, §4 (AFF).] (b). Create a record […]