R 440.101

R 440.101 Duties and responsibilities of filing officer.

Last amended: 2002Year: 2026Length: 100 wordsOfficial source

Cite as Mich. Admin. Code R 440.101

Rule 101. 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 financing statement pursuant to these rules, the filing officer does none of the following: (a) Determine the legal sufficiency or insufficiency of a record. (b) Determine that a security interest in collateral exists or does not exist. (c) Determine that information in the record is correct or incorrect, in whole or in part. (d) Create a presumption that information in the record is correct or incorrect, in whole or in part.
R 440.101: R 440.101 Duties and responsibilities of filing officer. | Justis AI