Current through Register Vol. 47, No. 22, November 25, 2024
Rule 8 CCR 1505-7-8 - Lien Registration Act8.1 Incorporation of prior sections. Rules 1 through 7 and Rule 9 apply to filings and other actions made under the Lien Registration Act to the extent such rules are not inconsistent with the Lien Registration Act and this Rule 8.8.2 Lapse date. A notice of lien, other than a restitution lien or child support lien, will not indicate a lapse date in the secured transactions information management system unless a notice of lien has been terminated.8.2.1 Restitution lien. A notice of lien for a restitution lien is effective for 12 years. A lapse date is calculated in accordance with Rule 4.3.8.2.2 Child support lien. A notice of lien for a child support lien is effective for 12 years. A lapse date is calculated in accordance with Rule 4.3.8.2.3 Lapse date of a terminated notice of lien. The lapse date of a terminated notice of lien is the date that the notice of amendment terminating the notice of lien was filed.8.2.4 Continuation of effectiveness. A filer may submit one or more notices of amendment continuing the effectiveness of a notice of lien.8.3 Additional information or record. The electronic filing application and the system-to-system transfer method will accept an electronic attachment.