2010 Pennsylvania Code
Title 13 - COMMERCIAL CODE
Chapter 95 - Filing
9520 - Acceptance and refusal to accept record.

     § 9520.  Acceptance and refusal to accept record.
        (a)  Mandatory refusal to accept record.--A filing office
     shall refuse to accept a record for filing for a reason set
     forth in section 9516(b) (relating to refusal to accept record;
     filing does not occur) and may refuse to accept a record for
     filing only for a reason set forth in section 9516(b).
        (b)  Communication concerning refusal.--If a filing office
     refuses to accept a record for filing, it shall communicate to
     the person that presented the record the fact of and reason for
     the refusal and the date and time the record would have been
     filed had the filing office accepted it. The communication must
     be made at the time and in the manner prescribed by filing-
     office rule but, in the case of a filing office described in
     section 9501(a)(2) (relating to filing offices), in no event
     more than five business days after the filing office receives
     the record.
        (c)  When filed financing statement effective.--A filed
     financing statement satisfying section 9502(a) and (b) (relating
     to contents of financing statement; record of mortgage as
     financing statement; time of filing financing statement) is
     effective even if the filing office is required to refuse to
     accept it for filing under subsection (a). However, section 9338
     (relating to priority of security interest or agricultural lien
     perfected by filed financing statement providing certain
     incorrect information) applies to a filed financing statement
     providing information described in section 9516(b)(5) which is
     incorrect at the time the financing statement is filed.
        (d)  Separate application to multiple debtors.--If a record
     communicated to a filing office provides information which
     relates to more than one debtor, this chapter applies as to each
     debtor separately.

        Cross References.  Section 9520 is referred to in section 154
     of Title 15 (Corporations and Unincorporated Associations).

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