Ohio Admin. Code 111:1-3-30

Current through all regulations passed and filed through December 30, 2024
Section 111:1-3-30 - Removal of record

A financing statement must remain in the searchable index within the UCC information management system until at least one year after it lapses. On or after the first anniversary of such lapse, the financing statement and all related UCC records may be removed from the searchable indexes or from the UCC information management system.

Transmitting utilities.

A financing statement that indicates a debtor is a transmitting utility must remain in the searchable index within the UCC information management system until at least one year after it is terminated with respect to all secured parties of record. On or after the first anniversary of the termination date of the last remaining secured party of record, the financing statement may be removed from its searchable index or from the UCC information management system.

Replaces: 111-11-43

Ohio Admin. Code 111:1-3-30

Five Year Review (FYR) Dates: 1/15/2021 and 01/15/2026
Promulgated Under: 119.03
Statutory Authority: R.C. 1309.526
Rule Amplifies: R.C. 1309.519
Prior Effective Dates: 01/07/2011, 01/25/2016
Effective: 1/25/2016
Five Year Review (FYR) Dates: 01/15/2021
Promulgated Under: 119.03
Statutory Authority: 1309.526
Rule Amplifies: 1309.519
Prior Effective Dates: 01/07/2011