Ask Reggi Your Question Now
Can you summarize NHRS 382-A:9-522?
UNIFORM COMMERCIAL CODE > Maintenance and Destruction of Records.
Short Summary
This legal document pertains to the maintenance and destruction of records under the Uniform Commercial Code (Chapter 382-A). It requires filing offices to maintain a record of the information provided in a filed financing statement for at least one year after the effectiveness of the financing statement has lapsed. The record must be retrievable using the name of the debtor and other specified information. The document also allows the filing office to immediately destroy any written record evidencing a financing statement, as long as another record complying with the requirements is maintained. The document does not specify any penalties or exemptions.
Whom does it apply to?
Filing offices and secured parties of record
What does it govern?
Maintenance and destruction of records under the Uniform Commercial Code (Chapter 382-A)
What are exemptions?
No exemptions are mentioned.
What are the Penalties?
No penalties are mentioned.
Jurisdiction
New Hampshire