18 NCAC 05B .0406          FILING ERRORS

(a)  The filing office may correct the errors of the filing officer personnel in the UCC information management system at any time.  If the correction occurs after the filing officer has issued a certification date, the filing officer shall file an administrative action statement in the UCC information management system identifying the record to which it relates, the date of the correction and explaining the nature of the corrective action taken.  The record shall be preserved as long as the record of the initial financing statement is preserved in the UCC information management system.

(b)  An error by a filer is the responsibility of such filer.  It may be corrected by filing an amendment or a correction statement may disclose it.


History Note:        Authority G.S. 25-9-517; 25-9-518; 25-9-526;

Temporary Adoption Eff. July 2, 2001;

Eff. August 1, 2002;

Pursuant to G.S. 150B-21.3A, rule is necessary without substantive public interest Eff. November 12, 2014.