Rules & Regulations of the State of Tennessee
Title 1360 - Department of State
Subtitle 1360-08 - Uniform Commercial Code
Chapter 1360-08-01 - Uniform Commercial Code General Provisions
Section 1360-08-01-.08 - OVERPAYMENT AND UNDERPAYMENT
Current through September 24, 2024
(1) Overpayment. The filing officer shall refund the amount of an overpayment of ten dollars ($10) or more to the remitter. The filing officer shall refund an overpayment of less than ten dollars ($10) only upon the written request of the remitter.
(2) Underpayment. Upon receipt of a UCC record with an insufficient fee and recording tax (if applicable), the filing officer shall return the UCC record to the remitter as provided in Rule 1360-08-02-.03. The underpayment may be included with the UCC record or delivered under separate cover.
(3) Returned for Nonpayment. A filer whose payment is returned for nonpayment will have sixty (60) calendar days from the date of the returned payment to provide a valid cashier's check or money order to replace the nonpayment. Otherwise, all filings associated with the nonpayment will be voided.
Authority: T.C.A. §§ 4-5-202, 4-5-204, and 47-9-526 and 2012 Tenn. Pub. Acts Ch. 708.
