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336.9-410 Destruction of old records.

Unless a filing officer has notice of an action pending relative thereto, the filing officer may remove from the files and destroy

(a) a lapsed financing statement, a lapsed continuation statement, a statement of assignment or release relating to either, and any index of any of them, one year or more after lapse; and

(b) a termination statement and the index on which it is noted, three years or more after the filing of the termination statement.

HIST: 1976 c 135 s 32; 1986 c 444

* NOTE: This section is repealed by Laws 2000, chapter 399, *article 1, section 140, effective July 1, 2001. Laws 2000, *chapter 399, article 1, section 130.

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Revisor of Statutes