Secretary of State
Corporation Division - Chapter 160
Division 40
UNIFORM COMMERCIAL CODE — ARTICLE 9
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.
Statutory/Other Authority: ORS 79.0526
Statutes/Other Implemented: ORS 79.516, 79.519 & 79.520
History:
CORP 4-2008, f. 7-15-08, cert. ef. 8-1-08
CORP 2-2001, f. 7-9-01, cert. ef. 8-1-01