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What happens if I accept a UCC filing that should have been rejected according to the list of reasons to reject?

April 26, 2017filing happens list reasons reject UCC

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What happens if I accept a UCC filing that should have been rejected according to the list of reasons to reject?

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Whether the secured party has secured perfection through filing depends on many factors but filing alone does not equal perfection. Bottom line: the secured party is responsible for filing correctly, so the clerk is not harmed, it is the filing party’s responsibility to get the filing right.