Or. Admin. Code § 160-040-0200

Current through Register Vol. 63, No. 11, November 1, 2024

Section 160-040-0200 - Role of Filing Officer

The duties and responsibilities of the filing officer with respect to the administration of the UCC are ministerial. In accepting for filing or refusing to file a UCC record pursuant to these rules, the filing officer does not:

(1) Determine the legal sufficiency or insufficiency of a record.

(2) Determine that a security interest in collateral exists or does not exist.

(3) Determine that information in the record is correct or incorrect, in whole or in part.

(4) Create a presumption that information in the UCC record is correct or incorrect, in whole or in part.

Or. Admin. Code § 160-040-0200

CORP 2-2001, f. 7-9-01, cert. ef. 8-1-01; CORP 4-2008, f. 7-15-08, cert. ef. 8-1-08

Stat. Auth.: ORS 79.0526

Stats. Implemented: ORS 79.516, 79.519, 79.520