eLaws | eCases | Utah Code | Utah Courts | Counties & Cities of Utah | Code of Federal Regulations |
 Utah Administrative Code (Current through November 1, 2019)
 R154. Commerce, Corporations and Commercial Code
 R154-2. Utah Uniform Commercial Code, Revised Article 9 Rules

  R154-2-205. Refusal Errors  

Latest version.

  •   (1) If a secured party or a Remitter demonstrates to the satisfaction of the filing officer that a UCC record that was refused for filing should not have been refused under Subsection R154-2-203:

      (a) the filing officer shall file the UCC record with the filing date and time the UCC record was originally tendered for filing; and

      (b) a filing officer statement record relating to the relevant initial financing statement shall be placed in the UCC information management system:

      (i) on the date that the corrective action is taken; and

      (ii) providing the date of the correction and an explanation of the nature of the corrective action taken.

      (2) A record created under this Subsection R154-2-205(1) shall be preserved for so long as the record of the initial financing statement is preserved in the UCC information management system.