Sec. 261.008. ENDORSEMENT AND FILING BY SECRETARY OF STATE; FEES.

196 words·~1 min read·/tx/business-and-commerce-code/title-8-security-instruments/chapter-261-utility-security-instruments/261-008·

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

(a)The secretary of state shall endorse on a utility security instrument and any statement of name change, merger, or consolidation filed with the secretary of state:

(1)the day and hour of receipt; and

(2)the assigned file number.

(b)In the absence of other evidence, an endorsement under Subsection

(a)is conclusive proof of the time and fact of filing.

(c)The secretary of state shall file in adequate filing devices and retain in the secretary of state's office all utility security instruments and statements of name change, merger, or consolidation filed with the secretary of state.

(d)The secretary of state shall charge a $25 fee to:

(1)file and index:

(A)a utility security instrument;

(B)an instrument that supplements or amends a utility security instrument; or

(C)a statement of name change, merger, or consolidation; and

(2)stamp a copy of a document described by Subdivision (1), provided by the secured party or the utility, to indicate the date and place of filing.

Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278 ), Sec. 2.01, eff. April 1, 2009.