Utah Administrative Code
Topic - Commerce
Title R154 - Corporations and Commercial Code
Rule R154-2 - Utah Uniform Commercial Code, Revised Article 9 Rules
Section R154-2-203 - Procedure Upon Refusal

Universal Citation: UT Admin Code R 154-2-203

Current through Bulletin 2024-18, September 15, 2024

(1)

(a) If the filing office finds grounds to refuse a UCC record, the filing office shall keep the fee for a period of 30 days from the date of the refusal pending resubmission of the record.

(b) After the 30-day period in Subsection (1)(a), the remitter must pay the applicable fee to resubmit the record.

(c) The fee is nonrefundable.

(2) Communication of the refusal, the reasons for the refusal, and other related information will be made to the remitter as soon as practicable and in any event within two business days after the refused UCC record was received by the filing office, by the same means as the means by which the UCC record was received by the filing office, or by mail or a more expeditious means as the filing office shall determine.

(3) Records of refusal, including a copy of the refused UCC record and the grounds for refusal, shall be managed in accordance with Title 63G, Chapter 2, Government Records Access and Management Act and the filing office's applicable retention schedules.

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