10-123

10-123. Effective time and date of
document

A. Except as provided in subsections B and C of this section, a document delivered
to the commission for filing is effective when the document is delivered to the
commission for filing.

B. A document may specify a delayed effective time or date, or both, and if so, the
document is effective at the time and date specified. If a delayed effective date but no
time is specified, the document is effective at 12:01 a.m. mountain standard time on that
date. A delayed effective date for a document may not be later than the ninetieth day
after the date it is delivered.

C. Subject to section 10-124, if the commission determines that the requirements of
chapters 1 through 17 of this title for filing have not been met, the document shall not
be filed and, except as provided in section 10-203, the delivery of the document is
ineffective. If the commission determines that the requirements for filing have been
met, the commission shall file the document as provided in section 10-125 and the filing
is effective as of the date and time determined pursuant to subsection A or B of this
section.