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Can you summarize NHRS 382-A:9-516?
UNIFORM COMMERCIAL CODE > What Constitutes Filing; Effectiveness of Filing.
Short Summary
This legal document pertains to the filing and effectiveness of filing under the Uniform Commercial Code (UCC). It specifies that communication of a record to a filing office and tender of the filing fee or acceptance of the record by the filing office constitutes filing, unless otherwise provided. The document outlines various reasons for refusal to accept a record, such as improper communication method, insufficient filing fee, inability to index the record, missing debtor information, or insufficient description of real property. It also clarifies the rules applicable to these refusals. Additionally, the document states that a record that is communicated to the filing office with the filing fee but refused for reasons other than those mentioned is still effective as a filed record, except against a purchaser of the collateral who gives value in reasonable reliance upon the absence of the record from the files.
Whom does it apply to?
Entities or individuals who need to file records with a filing office under the UCC
What does it govern?
Filing and effectiveness of filing under the Uniform Commercial Code (UCC)
What are exemptions?
No exemptions are mentioned.
What are the Penalties?
No penalties are mentioned.
Jurisdiction
New Hampshire