111-11-23 Procedure upon refusal.

Except as provided in rule 111-11-06 of the Administrative Code, if the filing officer finds grounds to refuse a UCC record, the filing officer shallrefund the filing fee. Communication of the refusal, the reason(s)_for the refusal and other related information will be made to the remitter as soon as practicable and in any event within two business days after the refused UCC record was received by the filing office, by the same means as the means by which such UCC record was delivered to the filing office, or by mail or such more expeditious means as the filing office shall determine. Records of refusal, including a copy of the refused UCC record and the ground(s) for refusal, shall be maintained until the first anniversary of the lapse date that applies or would have applied to the related financing statement, assuming that the refused record had been accepted and filed.

Effective: 01/07/2011
R.C. 119.032 review dates: 10/21/2010 and 07/15/2015
Promulgated Under: 119.03
Statutory Authority: 1309.526 , 1309.516
Rule Amplifies: 1309.516
Prior Effective Dates: 7/3/01 (Emer.), 2/23/02.