111:1-3-16 Notification of defects.  

  • Text Box: ACTION: Final Text Box: DATE: 01/12/2016 11:46 AM

     

     

     

    111:1-3-16                   Notification of defects.

     

     

     

    Nothing in these rules prevents a filing office from communicating to a filer or a Remitter that the filing office noticed apparent potential defects in a UCC record, whether or not it was filed or refused for filing. However, the filing office is under no obligation to do so and may not, in fact, have the resources to do so or to identify such defects. The responsibility for the legal effectiveness of filing rests with filers and Remitters and the filing office bears no responsibility for such effectiveness.

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

    111:1-3-16                                                                                                                             2

    Replaces:                                                              111-11-24

    Effective:                                                             01/25/2016

    Five Year Review (FYR) Dates:                         01/15/2021

    CERTIFIED ELECTRONICALLY

     

    Certification

     

    01/12/2016

    Date

     

    Promulgated Under:

     

    119.03

    Statutory Authority:

    1309.526

    Rule Amplifies:

    Prior Effective Dates:

    1309.520

    7/3/01 (Emer.), 9/20/01.

Document Information

Effective Date:
1/25/2016
File Date:
2016-01-12
Last Day in Effect:
2016-01-25
Rule File:
111$1-3-16_PH_FF_N_RU_20160112_1146.pdf
Related Chapter/Rule NO.: (1)
Ill. Adm. Code 111:1-3-16. [Effective 1/25/2016] Notification of defects