Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
Section 4-9-522 - Maintenance and destruction of records — Arkansas Law | CourtGPT
  1. Home/
  2. Laws/
  3. Arkansas/
  4. Title 4 - Business and Commercial Law (§§ 4-1-101 — 4-119-105)/
  5. Subtitle 1 - Uniform Commercial Code/
  6. Chapter 9 - Secured Transactions/
  7. Part 5 - Filing 1 - Filing Office - Contents and Effectiveness of Financing Statement (§§ 4-9-501 — 4-9-518)/
  8. 2 - Duties and Operation of Filing Office/
  9. Section 4-9-522 - Maintenance and destruction of records
Arkansas Legal Code
(a) The filing office shall maintain a record of the information provided in a filed financing statement for at least one (1) year after the effectiveness of the financing statement has lapsed under § 4-9-515 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 filed in the filing office described in § 4-9-501(a)(1), by using the file number assigned to the initial financing statement to which the record relates and the date and time that the record was filed; or(2) if the record was filed in the filing office described in § 4-9-501(a)(2), 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).Acts 2001, No. 1439, § 1.

Section 4-9-522 - Maintenance and destruction of records

Ask AI about this