N.Y. UCC Law § 9-520

Section 9--520. Acceptance and Refusal to Accept Record.\n (a) Mandatory refusal to accept record. A filing office shall refuse\nto accept a record for filing for a reason set forth in Section\n9--516(b) and may refuse to accept a record for filing only for a reason\nset forth in Section 9--516(b).\n (b) Communication concerning refusal. If a filing office refuses to\naccept a record for filing, it shall communicate to the person that\npresented the record the fact of and reason for the refusal and the date\nand time the record would have been filed had the filing office accepted\nit. The communication must be made at the time and in the manner\nprescribed by filing-office rule but, in the case of a filing office\ndescribed in Section 9--501(a)(2), in no event more than two business\ndays after the filing office receives the record.\n (c) When filed financing statement effective. A filed financing\nstatement satisfying Section 9--502(a) and (b) is effective, even if the\nfiling office is required to refuse to accept it for filing under\nsubsection (a). However, Section 9--338 applies to a filed financing\nstatement providing information described in Section 9--516(b)(5) which\nis incorrect at the time the financing statement is filed.\n