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Arkansas Code Title 4. Business and Commercial Law § 4-9-525. Fees

Current as of March 28, 2024 | Updated by Findlaw Staff

(a) Except as otherwise provided in subsection (e), the fee for filing and indexing a record, whether by paper or electronically, under this part, other than an initial financing statement of the kind described in § 4-9-502(c), is:

(1) Records filed only with the Secretary of State pursuant to § 4-9-501(a)(3), sixteen dollars ($16.00) for filing and indexing the initial financing statement and termination statements, if the record consists of one (1) page;

(2) Records filed with the circuit clerks pursuant to § 4-9-501(a)(2) -- twelve dollars ($12.00), for filing and indexing the initial financing statement and termination statements, if the record consists of one (1) page; and

(3) Fifty cents (50¢) per page up to a maximum of one hundred dollars ($100) if the record consists of more than one (1) page.

(b)(1) The fee for filing a continuation is six dollars ($6.00).

(2) The fee for filing a termination statement is six dollars ($6.00) if it pertains to the filing of a financing statement before July 28, 1995.

(3) The fee for each separate search is six dollars ($6.00).

(4) The fee for filing an assignment is six dollars ($6.00).

(5) The fee for filing a release is six dollars ($6.00).

(6) The fee for filing an amendment is six dollars ($6.00).

(c) The number of names required to be indexed does not affect the amount of the fee in subsection (a).

(d) The fee for issuing a certificate or for furnishing a copy of any record on file naming a particular debtor, is:

(1) Six dollars ($6.00) if the record consists of one (1) page; and

(2) Fifty cents (50¢) per page for each page if the records supplied consist of more than one (1) page.

(e) This section does not fix the fee with respect to a record of a mortgage which is effective as a financing statement filed as a fixture filing or as a financing statement covering as-extracted collateral or timber to be cut under § 4-9-502(c). However, the recording and satisfaction fees that otherwise would be applicable to the record of the mortgage apply.

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Cite this article: FindLaw.com - Arkansas Code Title 4. Business and Commercial Law § 4-9-525. Fees - last updated March 28, 2024 | https://codes.findlaw.com/ar/title-4-business-and-commercial-law/ar-code-sect-4-9-525/

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