Section 440.207. Refusal errors.


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  • If  a  secured   party  or  a  remitter  demonstrates  to   the satisfaction of the filing officer that a financing statement that  was refused for  filing should not have been refused under R 440.202, then the filing officer shall file the financing statement as provided in these rules, reflecting a  filing date and time when filing should have occurred. The filing officer shall also file a filing officer statement that states that the effective date and time of filing is the date and time the financing statement was originally tendered for filing, and sets forth the date and time. The demonstration  of   error  shall   constitute  the  secured  party's  or   remitter's authorization   to  file the filing  officer's correction statement.

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