The duties and responsibilities of the filing officer with respect to the administration of the UCC are ministerial. In accepting for filing or refusing to file a UCC record pursuant to these rules, the filing officer does not:

1. (1) Determine the legal sufficiency or insufficiency of a record.
2. (2) Determine that a security interest in collateral exists or does not exist.
3. (3) Determine that information in the record is correct or incorrect, in whole or in part.
4. (4) Create a presumption that information in the UCC record is correct or incorrect, in whole or in part.

Statutory/Other Authority

ORS 79.0526

Statutes/Other Implemented

ORS 79.516, 79.519 & 79.520

History

CORP 4-2008, f. 7-15-08, cert. ef. 8-1-08
CORP 2-2001, f. 7-9-01, cert. ef. 8-1-01