The sole grounds for the filing officer's refusal to accept a UCC document for filing are enumerated in §95.202 of this title. The following are examples of defects that do not constitute grounds for refusal to accept a document. They are not a comprehensive enumeration of defects outside the scope of permitted grounds for refusal to accept a UCC document for filing.
- (1) Errors. The UCC document contains or appears to contain a misspelling or other apparently erroneous information.
(2) Incorrect names.
- (A) The UCC document appears to identify a debtor incorrectly.
- (B) The UCC document appears to identify a secured party or a secured party of record incorrectly.
- (3) Extraneous information. The UCC document contains additional or extraneous information of any kind.
- (4) Insufficient information. The UCC document contains less than the information required by Article 9 of the UCC, provided that the document contains the information required in §95.202(1) -(5) of this title.
- (5) Collateral description. The UCC document incorrectly identifies collateral, or contains an illegible or unintelligible description of collateral, or appears to contain no such description.
- (6) Excessive fee. The document is accompanied by funds in excess of the full filing fee.
Source Note:The provisions of this §95.203 adopted to be effective September 4, 2001, 26 TexReg 6654.