Minnesota Administrative Rules

8280.0120 REFUSAL ERRORS.

If the filing officer determines that a financing statement that was refused for filing should not have been refused under part 8280.0080, the filing officer will file the financing statement as provided in this chapter reflecting a date and time when filing should have occurred. The filing officer must also record a correction (and such demonstration of error shall constitute the secured party's authorization to the filing officer to do so) that states that the effective date and time of filing are the date and time the financing statement was originally tendered for filing and sets forth that date and time.

Statutory Authority:

L 2000 c 399 art 1 s 139

History:

26 SR 5

Published Electronically:

November 14, 2003