Rules & Regulations of the State of Tennessee
Title 1360 - Department of State
Subtitle 1360-08 - Uniform Commercial Code
Chapter 1360-08-02 - Uniform Commercial Code Acceptance and Refusal of Documents
Section 1360-08-02-.05 - REFUSAL ERRORS

Universal Citation: TN Comp Rules and Regs 1360-08-02-.05
Current through September 24, 2024

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 refused under Rule 1360-08-02-.03, 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 relating to the relevant initial financing statement will be placed in the UCC 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 UCC information management system.

Authority: T.C.A. §§ 4-5-202, 4-5-204, 47-9-516(d), 47-9-518, and 47-9-526 and 2012 Tenn. Pub. Acts Ch. 708.

Disclaimer: These regulations may not be the most recent version. Tennessee may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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