Colorado § 4-9-518 Claim concerning inaccurate or wrongfully filed record

Colorado Statutes

§ 4-9-518 — Claim concerning inaccurate or wrongfully filed record

Colorado·Title 04 Uniform·Art. Secured Transactions

(a)(1) Any person named as a debtor may file in the filing office an information statement with respect to a record indexed there under the debtor's name if the person believes that the record is inaccurate or was wrongfully filed.

(2)and (3) Repealed.

(b)An information statement under subsection (a) of this section must:

(1)Identify the record to which it relates by:

(A)The file number assigned to the initial financing statement to which the record relates; and

(B)If the information statement relates to a record filed or recorded in a filing office described in section 4-9-501 (a)(1), the date that the initial financing statement was filed or recorded;

(2)Indicate that it is an information statement; and

(3)Provide the basis for the person's belief that the record is

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(a) (1) Any
person named as a debtor may file in the filing office an information statement with
respect to a record indexed there under the debtor's name if the person believes
that the record is inaccurate or was wrongfully filed.

(2) and (3) Repealed.

(b) An information statement under subsection (a) of this section must:

(1) Identify the record to which it relates by:

(A) The file number assigned to the initial financing statement to which the
record relates; and

(B) If the information statement relates to a record filed or recorded in a
filing office described in section 4-9-501 (a)(1), the date that the initial financing
statement was filed or recorded;

(2) Indicate that it is an information statement; and

(3) Provide the basis for the person's belief that the record is inaccurate and
indicate the manner in which the person believes the record should be amended to
cure any inaccuracy or provide the basis for the person's belief that the record was
wrongfully filed.

(c) A person may file in the filing office an information statement with
respect to a record filed there if the person is a secured party of record with
respect to the financing statement to which the record relates and believes that the
person that filed the record was not entitled to do so under section 4-9-509 (d).

(d) An information statement under subsection (c) of this section must:

(1) Identify the record to which it relates by:

(A) The file number assigned to the initial financing statement to which the
record relates; and

(B) If the information statement relates to a record filed or recorded in a
filing office described in section 4-9-501 (a)(1), the date that the initial financing
statement was filed or recorded;

(2) Indicate that it is an information statement; and

(3) Provide the basis for the person's belief that the person that filed the
record was not entitled to do so under section 4-9-509 (d).

(e) The filing of an information statement does not affect the effectiveness
of an initial financing statement or other filed record.

(f) Repealed.

Colorado § 4-9-518 (Claim concerning inaccurate or wrongfully filed record) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Source: L. 2001: Entire article R&RE, p. 1389, � 1, effective July 1. L. 2008: (a) amended and (d) added, p. 266, � 1, effective August 5. L. 2010: (a)(2) amended, (HB 10-1422), ch. 419, p. 2063, � 6, effective August 11. L. 2012: Entire section amended, (HB 12-1262), ch. 170, p. 603, � 14, effective July 1, 2013. L. 2013: (a)(2), (a)(3), and (f) repealed, (HB 13-1284), ch. 379, p. 2222, � 2, effective July 1.