100 R.I. Code R. 100-RICR-30-00-1.1

Current through December 3, 2024
Section 100-RICR-30-00-1.1 - Purpose
A. Purpose. This Part describes the practices and procedures of the Uniform Commercial Code Section of the Rhode Island Department of State, Office of the Secretary of the State relative to Revised Article 9 of the Uniform Commercial Code (UCC). They do not apply to a filing office in which mortgages or records of mortgages on real property are required to be filed or recorded.
B. Duties and Responsibilities of Filing Officer. 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 this Part, the filing officer does none of the following:
1. Determine the legal sufficiency or insufficiency of a record;
2. Determine that a security interest in collateral exists or does not exist;
3. Determine that information in the record is correct or incorrect, in whole or in part; or
4. Create a presumption that information in the record is correct or incorrect, in whole or in part.

100 R.I. Code R. 100-RICR-30-00-1.1

Adopted effective 1/1/2019