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Can you summarize NVRS 104.9518?
Uniform Commercial CodeOriginal Articles > Claim concerning inaccurate record, wrongfully filed record or record filed by person not entitled to do so: Filing of information statement.
Short Summary
This legal provision allows a person to file an information statement in the filing office if they believe that a record indexed under their name is inaccurate or was wrongfully filed. The information statement must identify the record, indicate that it is an information statement, and provide the basis for the person’s belief regarding the inaccuracy or wrongful filing. Additionally, a secured party of record can file an information statement if they believe that the person who filed the record was not entitled to do so. The information statement in this case must also identify the record and provide the basis for the belief. It is important to note that the filing of an information statement does not affect the effectiveness of the initial financing statement or any other filed record.
Whom does it apply to?
Any person who believes that a filed record is inaccurate or wrongfully filed, or any secured party of record with respect to a financing statement who believes that the person who filed the record was not entitled to do so.
What does it govern?
Filing of information statement
What are exemptions?
No exemptions are mentioned.
What are the Penalties?
No penalties are mentioned.
Jurisdiction
Nevada