§ 9—522.

206 words·~1 min read·/vt/9-101

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

§ 9—522. Maintenance and destruction of records

(a)The filing office shall maintain a record of the information provided in a filed financing statement for at least one year after the effectiveness of the financing statement has lapsed under section 9—515 of this title with respect to all secured parties of record. The record must be retrievable by using the name of the debtor and:

(1)if the record was recorded in the filing office described in subdivision 9—501(a)(1) of this title, by using the file number assigned to the initial financing statement to which the record relates and the date that the record was recorded; or

(2)if the record was filed in the filing office described in subdivision 9—501(a)(2) of this title, by using the file number assigned to the initial financing statement to which the record relates.

(b)Except to the extent that a statute governing disposition of public records provides otherwise, the filing office immediately may destroy any written record evidencing a financing statement. However, if the filing office destroys a written record, it shall maintain another record of the financing statement which complies with subsection

(a)of this section. (Added 1999, No. 106 (Adj. Sess.), § 2, eff. July 1, 2001.)