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Colorado Revised Statutes Title 4. Uniform Commercial Code § 4-9-518. Claim concerning inaccurate or wrongfully filed record

Current as of January 01, 2025 | Updated by Findlaw Staff

(a)(1) Any person named as a debtor may file in the filing office an information statement with respect to a record indexed there under the debtor's name if the person believes that the record is inaccurate or was wrongfully filed.

(2) Repealed by Laws 2013, Ch. 379, § 2, eff. July 1, 2013.

(3) Repealed by Laws 2013, Ch. 379, § 2, eff. July 1, 2013.

(b) An information statement under subsection (a) of this section must:

(1) Identify the record to which it relates by:

(A) The file number assigned to the initial financing statement to which the record relates; and

(B) If the information statement relates to a record filed or recorded in a filing office described in section 4-9-501(a)(1), the date that the initial financing statement was filed or recorded;

(2) Indicate that it is an information statement; and

(3) Provide the basis for the person's belief that the record is inaccurate and indicate the manner in which the person believes the record should be amended to cure any inaccuracy or provide the basis for the person's belief that the record was wrongfully filed.

(c) A person may file in the filing office an information statement with respect to a record filed there if the person is a secured party of record with respect to the financing statement to which the record relates and believes that the person that filed the record was not entitled to do so under section 4-9-509(d).

(d) An information statement under subsection (c) of this section must:

(1) Identify the record to which it relates by:

(A) The file number assigned to the initial financing statement to which the record relates; and

(B) If the information statement relates to a record filed or recorded in a filing office described in section 4-9-501(a)(1), the date that the initial financing statement was filed or recorded;

(2) Indicate that it is an information statement; and

(3) Provide the basis for the person's belief that the person that filed the record was not entitled to do so under section 4-9-509(d).

(e) The filing of an information statement does not affect the effectiveness of an initial financing statement or other filed record.

(f) Repealed by Laws 2013, Ch. 379, § 2, eff. July 1, 2013.

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Cite this article: FindLaw.com - Colorado Revised Statutes Title 4. Uniform Commercial Code § 4-9-518. Claim concerning inaccurate or wrongfully filed record - last updated January 01, 2025 | https://codes.findlaw.com/co/title-4-uniform-commercial-code/co-rev-st-sect-4-9-518/

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