Examples of UCC record in a sentence
The file time for a UCC record delivered by this method is when the UCC record is first examined by a filing officer for processing, even though the UCC record may not yet have been accepted for filing and subsequently may be rejected.
If the fil- ing office finds grounds to refuse a UCC record, the filing office communicates the reason(s) for the refusal and other related information to the name and address provided in box B on the financing statement.
Records of refusal, including a copy of the refused UCC record and the ground(s) for refusal, are maintained until the first anniversary of the lapse date that applies or would have applied to the related financing statement, assuming that the refused record had been accepted and filed.[Statutory Authority: RCW 62A.9A-526, chapters 60.68, 60.13, and 9A.82 RCW.
Upon receipt of a UCC record or search request with an insufficient payment, the filing office returns a copy of the request to the name and address pro- vided in box B.
The file time for a UCC record delivered by this method is the time the entry of all required elements of the UCC record in the proper format is acknowledged by the on-line entry system.