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SF 2437 Senate Long Description

E Modifying certain provisions regulating farm product liens and + financing statements; defining or redefining certain terms; requiring the +computerized filing system to provide information about certain farm products, +eliminating the requirement for the secretary of state to determine the products +to be included; providing for the form of lien notices and financing +statements and modifying certain content and signature requirements; requiring the +termination of existing financing statements or lien notices to amend the +information contained; authorizing the secretary of state to establish satellite +offices, specifying certain agreement, duties, filings treatment and +recordkeeping requirements; modifying certain financing statement or lien notice +filing requirements and procedures, providing for standard forms; modifying +the effect of filings on perfection and priority; modifying certain content and +filing requirements for continuation and termination statements; expanding +certain master list compilation requirements of the secretary of state and +modifying certain distribution requirements; clarifying and modifying the +procedure for treatment of inquiries and increasing certain fees; providing +immunity from liability to the secretary of state and county recorders for +computerized filing system errors; eliminating the requirement for the secretary +of state to make farm product dealers registration information available to the commissioner of agriculture for distribution; imposing a temporary +surcharge on financing statements and lien notices filed after a certain date to +be remitted to the secretary of state; appropriating money to the secretary of +state for provisions implementation purposes; repealing certain rules +regulating farm product liens and financing statements (ja)