Okla. Stat. tit. 12A, § 12A-1-9-520

This is the official text of Okla. Stat. tit. 12A, § 12A-1-9-520, part of Oklahoma’s Stat. tit. 12A, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 12A,." Browse the sections below, each linked to its official government source.

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Acceptance and refusal to accept record

Official statutory text

ACCEPTANCE AND REFUSAL TO ACCEPT RECORD

(a) A filing office shall refuse to accept a record for filing

for a reason set forth in subsection (b) of Section 1-9-516 of this

title and may refuse to accept a record for filing only for a reason

set forth in subsection (b) of Section 1-9-516 of this title.

(b) If a filing office refuses to accept a record for filing,

it shall communicate to the person that presented the record the

fact of and reason for the refusal and the date and time the record

would have been filed had the filing office accepted it. The

communication must be made at the time and in the manner prescribed

by filing-office rule, but, in the case of a filing office described

in paragraph (2) of subsection (a) of Section 1-9-501 of this title,

in no event more than two (2) business days after the filing office

receives the record.

(c) A filed financing statement satisfying subsections (a) and

(b) of Section 1-9-502 of this title is effective, even if the

filing office is required to refuse to accept it for filing under

subsection (a). However, Section 1-9-338 of this title applies to a

filed financing statement providing information described in

paragraph (5) of subsection (b) of Section 1-9-516 of this title

which is incorrect at the time the financing statement is filed.

(d) If a record communicated to a filing office provides

information that relates to more than one debtor, this part applies

to each debtor separately.

Status: in_force · Read it on the official government site

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