Section 400.9-525

Title XXVI TRADE AND COMMERCE

Chapter 400

Effective - 01 Sep 2003, 3 histories, see footnote   

  400.9-525.  Fees. — (a)  Except as otherwise provided in subsection (e), the fee for filing and indexing a record under this part, other than an initial financing statement of the kind described in section 400.9-502(c), is:

  (1)  If the filing office is the secretary of state's office, then twelve dollars for the first page and one dollar for each subsequent page if the record is communicated in writing, or five dollars by an electronic medium authorized by filing-office rule; or

  (2)  If the filing office is other than the secretary of state's office, then the fee otherwise allowed by law.

  (b)  Except as otherwise provided in subsection (e), the fee for filing and indexing an initial financing statement of the kind described in section 400.9-502(c) is:

  (1)  If the filing office is the secretary of state's office, then twelve dollars for the first page and one dollar for each subsequent page if the record is communicated in writing, or five dollars by an electronic medium authorized by filing-office rule; or

  (2)  If the filing office is other than the secretary of state's office, then the fee otherwise allowed by law.

  (c)  The number of names required to be indexed does not affect the amount of the fee in subsections (a) and (b).

  (d)  The fee for responding to a request for information from the filing office, including for communicating whether there is on file any financing statement naming a particular debtor, is:

  (1)  If the filing office is the secretary of state's office, then twenty-two dollars for the first page and one dollar for each subsequent page if the record is communicated in writing or by another medium authorized by filing-office rule; or

  (2)  If the filing office is other than the secretary of state's office, then the fee otherwise allowed by law.

  (e)  This section does not require a fee with respect to a record of a mortgage which is effective as a financing statement filed as a fixture filing or as a financing statement covering as-extracted collateral or timber to be cut under section 400.9-502(c).  However, the recording and satisfaction fees that otherwise would be applicable to the record of the mortgage apply.

  (f)  The provisions of this section shall become effective on September 1, 2003.

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(L. 2001 S.B. 288, A.L. 2002 S.B. 895 merged with S.B. 1078, A.L. 2003 H.B. 221 merged with S.B. 346)

Effective 9-01-03