Nevada Administrative Code (Last Updated: January 6, 2015) |
Chapter104 Uniform Commercial Code |
FILING OF UNIFORM COMMERCIAL CODE DOCUMENT |
General Provisions |
NAC104.155. Duties of filing officer ministerial.
Latest version.
- The duties and responsibilities of the filing officer with respect to the administration of the UCC are ministerial. The acceptance for filing of, or the refusal to file, a UCC document pursuant to NAC 104.100 to 104.375, inclusive, does not:
1. Constitute a determination concerning the legal sufficiency or insufficiency of the UCC document;
2. Constitute a determination that a security interest in collateral exists or does not exist;
3. Constitute a determination that information in the UCC document is correct or incorrect, in whole or in part; or
4. Create a presumption that information in the UCC document is correct or incorrect, in whole or in part.
(Added to NAC by Sec’y of State by R084-01, eff. 10-30-2001)