§490:9-520  Acceptance and refusal to accept
record.  (a)  A filing office shall refuse to accept a record for filing
for a reason set forth in section 490:9-516(b) and may refuse to accept a
record for filing only for a reason set forth in section 490:9-516(b).



(b)  If a filing office refuses to accept a
record for filing, it shall communicate to the person that presented the record
the fact of and reason for the refusal and the date and time the record would
have been filed had the filing office accepted it.  The communication must be
made at the time and in the manner prescribed by filing-office rule but in no
event more than two business days after the filing office receives the record.



(c)  A filed financing statement satisfying
section 490:9-502(a) and (b) is effective, even if the filing office is
required to refuse to accept it for filing under subsection (a).  However,
section 490:9-338 applies to a filed financing statement providing information
described in section 490:9-516(b)(5) which is incorrect at the time the
financing statement is filed.



(d)  If a record communicated to a filing
office provides information that relates to more than one debtor, this part
applies as to each debtor separately. [L 2000, c 241, pt of §1]