Oregon Administrative Rules
Chapter 160 - SECRETARY OF STATE, CORPORATION DIVISION
Division 40 - UNIFORM COMMERCIAL CODE - ARTICLE 9
Section 160-040-0200 - Role of Filing Officer
Current through Register Vol. 63, No. 9, September 1, 2024
The duties and responsibilities of the filing officer with respect to the administration of the UCC are ministerial. In accepting for filing or refusing to file a UCC record pursuant to these rules, the filing officer does not:
(1) Determine the legal sufficiency or insufficiency of a record.
(2) Determine that a security interest in collateral exists or does not exist.
(3) Determine that information in the record is correct or incorrect, in whole or in part.
(4) Create a presumption that information in the UCC record is correct or incorrect, in whole or in part.
Stat. Auth.: ORS 79.0526
Stats. Implemented: ORS 79.516, 79.519, 79.520