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Indiana Code Title 26. Commercial Law § 26-1-9.1-902

Current as of January 02, 2024 | Updated by Findlaw Staff

Sec. 902. (a) A person who believes that a financing statement is fraudulent under section 901 of this chapter may file a motion for judicial review of the financing statement.

(b) If a court determines that a financing statement is fraudulent, the court may:

(1) award the prevailing party all costs related to the review, including:

(A) filing fees;

(B) attorney's fees;

(C) administrative costs;  and

(D) other reasonable costs;

(2) declare the financing statement ineffective;  and

(3) order the office or agency that possesses the financing statement to terminate or purge the financing statement.

(c) The secretary of state shall create a form to assist pro se individuals with a filing described in this section, and shall post the form on the secretary of state's Internet web site.

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Cite this article: FindLaw.com - Indiana Code Title 26. Commercial Law § 26-1-9.1-902 - last updated January 02, 2024 | https://codes.findlaw.com/in/title-26-commercial-law/in-code-sect-26-1-9-1-902/

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