111-11-25 Refusal errors.

 

 

 

111-11-25                    Refusal errors.

 

 

If a secured party or a remitter demonstrates to the satisfaction of the filing officer that a UCC record that was refused for filing should not have been the filing officer will file the UCC record with the filing date and time the UCC record was originally tendered for filing. A filing officer statement record relating to the relevant initial financing statement will be placed in the information management system on the date that the corrective action was taken. The filing officer statement must provide the date of the correction and explain the nature of the corrective action taken. The record shall be preserved for so long as  the  record  of  the  initial  financing  statement  is  preserved  in  the  information

management system.

as provided in this chapter with a filing date and time assigned

when such filing occurs. The filing officer will also file a filing officer statement that states the effective date and time of filing which shall be the date and time the UCC record was originally tendered for filing.

111-11-25                                                                                                                              2

Effective:                                                     01/07/2011

R.C. 119.032 review dates:                         10/21/2010 and 07/15/2015

CERTIFIED ELECTRONICALLY

Certification

12/27/2010

Date

Promulgated Under:                           119.03

Statutory Authority:                           1309.526

Rule Amplifies:                                  1309.516, 1309.520

Prior Effective Dates:                         7/3/01 (Emer.), 9/20/01.