Section 440.101. Duties and responsibilities of filing officer.  


Latest version.

All data is extracted from pdf, click here to view the pdf.

  • The duties and responsibilities of the filing officer with respect to the administration of the UCC are ministerial. In accepting for filing or refusing to file a financing statement pursuant to these rules, the filing officer does none of the following:

    (a)  ) Determine the legal sufficiency or insufficiency of a record.

    (b)   Determine that a security interest in collateral   exists or does not exist.

    (c)   Determine that information in the record  is   correct  or  incorrect, in whole or in part.

    (d)  Create a presumption   that  information   in  the  record  is   correct or incorrect, in whole or in part.

History: 2002 MR 21, Eff. Nov. 20, 2002.