1999 Minnesota Statutes

     336.9-413 Uniform Commercial Code account. 

    (a) The Uniform Commercial Code account is established as 
 an account in the state treasury.  

    (b) The filing officer with whom a financing statement, 
 amendment, assignment, statement of release, or continuation 
 statement is filed, or to whom a request for search is made, 
 shall collect the filing fee and forward $5 of that fee as a 
 surcharge on each filing or search.  Surcharge amounts shall be 
 collected quarterly by the secretary of state from each county 
 recorder.  The secretary of state shall send each county 
 recorder an invoice at the end of each fiscal quarter and each 
 county recorder shall forward payment to the secretary of state 
 within 30 days of the date of the invoice.  The surcharge does 
 not apply to a search request made by a natural person who is 
 the subject of the data to be searched except when a certificate 
 is requested as a part of the search.  

    (c) The surcharge amounts received from county recorders 
 and the surcharge amounts collected by the secretary of state's 
 office must be deposited in the state treasury and credited to 
 the general fund. 

    (d) Fees that are not expressly set by statute but are 
 charged by the secretary of state to offset the costs of 
 providing a service under sections 336.9-411 to 336.9-413 must 
 be deposited in the state treasury and credited to the Uniform 
 Commercial Code account.  

    (e) Fees that are not expressly set by statute but are 
 charged by the secretary of state to offset the costs of 
 providing information contained in the computerized records 
 maintained by the secretary of state must be deposited in the 
 state treasury and credited to the Uniform Commercial Code 
 account.  

    (f) Money in the Uniform Commercial Code account is 
 continuously appropriated to the secretary of state to implement 
 and maintain the computerized Uniform Commercial Code filing 
 system under section 336.9-411 and to provide 
 electronic-view-only access to other computerized records 
 maintained by the secretary of state. 

    HIST: 1987 c 356 s 4; 1988 c 589 s 3; 1989 c 335 art 1 s 219; 
 art 4 s 81; 1991 c 233 s 99; 1992 c 525 s 1; 1993 c 369 s 123; 
 1994 c 438 s 13