R 440.403
R 440.403 Filing date and time.
Cite as Mich. Admin. Code R 440.403
Rule 403. (1) Except as provided in subrule (2) of this rule, the filing date and time
of a financing statement received with the proper filing fee is determined in the
following manner:
(a) Notwithstanding the time of delivery, for a financing statement delivered to
the filing office as provided in R 440.103 (a) or (b) o r ( e ) during regular business
hours, the earlier of the date and time delivery is receipted or the next close of
business following delivery.
(b) For a financing statement transmitted to the filing office as provided in R
440.103(c) the date and time the filing office determines that all required elements
of the transmission have been received in the required format.
(c) For a financing statement transmitted to the filing office as provided in R
440.103(d), the date and time the financing statement was accepted for filing by the filing
office's direct online entry system.
(2) Except as provided in subrule (1)(b) and (c) of this rule, the filing date and
time of a financing statement received after regular business hours or on a day the filing
office is not open for business is the earlier of the date and time delivery is receipted by
the filing office on the next day the office is open for business or the close of business
on the next day the filing office is open for business.
(3) The filing officer may perform any duty relating to a financing statement on
the filing date or on a date after the filing date.