Kan. Admin. Regs. § 7-17-10

Current through Register Vol. 43, No. 49, December 5, 2024

Section 7-17-10 - Deadline to refuse filing

(a) Whether reason exists to refuse a UCC record for filing shall be determined by the secretary of state not later than the second business day after receipt. An accepted UCC record shall be indexed by the secretary of state within the same time period.

(b) If the secretary of state finds grounds under K.S.A. 84-9-516, and amendments thereto, to refuse a UCC record, the record, if written, shall be returned by the secretary of state to the remitter, and the filing fee may be refunded. A notice that contains the date and time the record would have been filed had it been accepted for filing shall be sent by the secretary of state, unless the date and time are stamped on the record. This notice shall include a brief description of the reason for refusal to accept the record. The notice shall be sent to a secured party or the remitter no later than the second business day after the determination to refuse acceptance of the record. A refund may be delivered with the notice or under separate cover.

Authorized by L. 2000, Ch. 142, §97; implementing L. 2000, Ch. 142, §§87, 91; effective Oct. 12, 2001.