§ 34.1-9-520 — Acceptance and refusal to accept record

Wyoming § 34.1-9-520

• Jurisdiction: Wyoming
• Title 34.1: Uniform Commercial Code
• Art. 9: SECURED TRANSACTIONS

Text

(a) A filing office shall refuse to accept a record for
filing for a reason set forth in section 34.1-9-516(b) and may
refuse to accept a record for filing only for a reason set forth
in section 34.1-9-516(b).
(b) If a filing office refuses to accept a record for
filing, it shall communicate to the person that presented the
record the fact of and reason for the refusal and the date and
time the record would have been filed had the filing office
accepted it. The communication must be made at the time and in
the manner prescribed by filing-office rule but, in the case of
a filing office described in section 34.1-9-501(a)(ii), in no
event more than two (2) business days after the filing office
receives the record.
(c) A filed financing statement satisfying section
34.1-9-502(a) and (b) is effective, even if the filing office is
required to refuse to accept it for filing under subsection (a).
However, section 34.1-9-338 applies to a filed financing
statement providing information described in section
34.1-9-516(b)(v) which is incorrect at the time the financing
statement is filed.
(d) If a record communicated to a filing office provides
information that relates to more than one (1) debtor, this part
applies as to each debtor separately.