If the Secretary of State's office finds grounds under Section 9516 of the UCC to refuse acceptance of a UCC record, the Secretary of State's office shall return the record. Unless otherwise requested, the Secretary of State's office may retain the fee pending resubmission of the record.

Note: Authority cited: Section 9526, Commercial Code. Reference: Sections 9516 and 9520, Commercial Code.

History

1. New section filed 6-21-2004; operative 6-21-2004 pursuant to Government Code section 11343.4 (Register 2004, No. 26).