1360-08-02-.03
Grounds For Refusal
Cite as Tenn. Comp. R. & Regs. 1360-08-02-.03
(1)
In addition to refusing a record for any of the reasons set forth in T.C.A. § 47-9-516, a filing
officer shall refuse to accept a UCC record that does not provide an address that meets the
minimum requirements set forth in Rule 1360-08-01-.01(b).
UNIFORM COMMERCIAL CODE
CHAPTER 1360-08-02
ACCEPTANCE AND REFUSAL OF DOCUMENTS
(2)
A document shall be refused if the document is accompanied by less than the full applicable
filing fee plus the recording tax under T.C.A. § 67-4-409(b), if any, based on the
representation of indebtedness required thereunder, and if payment is not tendered by a
method described in Rule 1360-08-01-.07.
(3)
Indebtedness (recording) tax language. An initial financing statement or an amendment that
increases indebtedness shall be refused if the record does not contain, either on its face or in
an accompanying sworn statement, the language required under T.C.A. § 67-4-409(b)(6)(D)
with respect to the recording tax imposed under T.C.A. § 67-4-409(b), if any.