Section 336.9-5135 — Termination Of Wrongfully Filed Financing Statement; Reinstatement.
336.9-5135 TERMINATION OF WRONGFULLY FILED FINANCING STATEMENT; REINSTATEMENT. (a) Intent to harass. “Intent to harass” means from the totality of the information provided in the record it appears obvious to the filing office that there is no valid basis for the filing of the record. (b) Affidavit of wrongful filing. A person identified as the […]
Section 336.9-514 — Assignment Of Powers Of Secured Party Of Record.
336.9-514 ASSIGNMENT OF POWERS OF SECURED PARTY OF RECORD. (a) Assignment reflected on initial financing statement. Except as otherwise provided in subsection (c), 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 […]
Section 336.9-515 — Duration And Effectiveness Of Financing Statement; Effect Of Lapsed Financing Statement.
336.9-515 DURATION AND EFFECTIVENESS OF FINANCING STATEMENT; EFFECT OF LAPSED FINANCING STATEMENT. (a) Five-year effectiveness. Except as otherwise provided in subsections (b), (e), (f), and (g), a filed financing statement is effective for a period of five years after the date of filing. (b) Public finance or manufactured home transaction. Except as otherwise provided in […]
Section 336.9-516 — What Constitutes Filing; Effectiveness Of Filing.
336.9-516 WHAT CONSTITUTES FILING; EFFECTIVENESS OF FILING. (a) What constitutes filing. Except as otherwise provided in subsection (b), 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. (b) Refusal to accept record; filing does not occur. Filing does not […]
Section 336.9-517 — Effect Of Indexing Errors.
336.9-517 EFFECT OF INDEXING ERRORS. The failure of the filing office to index a record correctly does not affect the effectiveness of the filed record. History: 2000 c 399 art 1 s 88
Section 336.9-518 — Claim Concerning Inaccurate Or Wrongfully Filed Record.
336.9-518 CLAIM CONCERNING INACCURATE OR WRONGFULLY FILED RECORD. (a) Statement with respect to record indexed under person’s name. 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. (b) Contents […]
Section 336.9-519 — Numbering, Maintaining, And Indexing Records; Communicating Information Provided In Records.
336.9-519 NUMBERING, MAINTAINING, AND INDEXING RECORDS; COMMUNICATING INFORMATION PROVIDED IN RECORDS. (a) Filing office duties. For each record filed in a filing office, the filing office shall: (1) assign a unique number to the filed record; (2) create a record that bears the number assigned to the filed record and the date and time of […]
Section 336.9-511 — Secured Party Of Record.
336.9-511 SECURED PARTY OF RECORD. (a) Secured party of record. 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 the secured party in an initial financing statement that has been filed. If an initial financing […]
Section 336.9-512 — Amendment Of Financing Statement.
336.9-512 AMENDMENT OF FINANCING STATEMENT. (a) Amendment of information in financing statement. Subject to section 336.9-509, a person may add or delete collateral covered by, continue or terminate the effectiveness of, or, subject to subsection (e), otherwise amend the information provided in, a financing statement by filing an amendment that: (1) identifies, by its file […]
Section 336.9-513 — Termination Statement.
336.9-513 TERMINATION STATEMENT. (a) Consumer goods. 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 financing statement covers consumer goods and: (1) there is no obligation secured by the collateral covered by the financing statement and no commitment to […]