Refusal Errors

If a filer demonstrates to the satisfaction of the filing office that a UCC record that was refused for filing should not have been refused pursuant to M.G.L. c. 106, § 9-516 and 950 CMR 140.14, the filing office will file the UCC record as provided in 950 CMR 140.13 with the filing date and time the UCC record was originally tendered for filing. A filing officer statement will be placed in the UCC information management system on the date the corrective action was taken. The filing officer statement must provide the date of the correction and explain the nature of the corrective action taken. The record shall be preserved for so long as the record of the initial financing statement is preserved in the UCC information management system. UCC Information Management System