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Can you summarize NVRS 104.9519?
Uniform Commercial CodeOriginal Articles > Numbering, maintaining and indexing records; communicating information provided in records.
Short Summary
This legal document governs the procedures and requirements for numbering, maintaining, and indexing records in filing offices. It applies to all filing offices responsible for handling records. The document specifies that the filing office must assign a unique number to each filed record and create a record that includes the assigned number and the date and time of filing. The filed records must be maintained for public inspection, and the filing office must index the records according to specific guidelines. The document also addresses the indexing of initial financing statements and records that provide a debtor’s name not previously provided. Additionally, it outlines the indexing requirements for financing statements filed as fixture filings or covering as-extracted collateral or timber to be cut. The filing office must maintain the capability to retrieve records by the debtor’s name and associate them with the initial financing statement. The document further states that a debtor’s name cannot be removed from the index until one year after the effectiveness of a financing statement lapses for all secured parties of record. The filing office is required to perform the specified acts within a reasonable time and in accordance with filing-office rules. Certain subsections and provisions may not apply to specific types of filing offices.
Whom does it apply to?
Filing offices
What does it govern?
Numbering, maintaining and indexing records; communicating information provided in records.
What are exemptions?
None mentioned.
What are the Penalties?
None mentioned.
Jurisdiction
Nevada