Pub. L. 88-243, subtit. I, sec. 12

Pub. L. 88-243, subtit. I, sec. 12

EnactedYear: 1963Length: 144 wordsOfficial source
Sec. 12. Section 546–F of the code of law for the District of Columbia. approved March 3, 1901 (chapter 854, 31 Stat. 1189), as added by section 3 of the Act approved June 5, 1952 (chapter 370, 66 Stat. 126; D.C. Code, 1961 ed., sec. 42–106), is amended to read as follows: “Sec. 546—F. When a financing statement filed pursuant to Part 4 of Art icle 9 of Subtitle 1 of Title 28 of the District of Columbia Code has not lapsed, but all the collate ml described in the financing statement has been released in the manner provided by Part 4 thereof, the Recorder of Deeds may, after the expiration of three years from the date of the filing of the statement releasing all the collateral, destroy the financing statement and each continuation statement, statement of assignment, and statement of release relating thereto.”