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Current as of January 01, 2025 | Updated by Findlaw Staff
Sec. 9523. (1) If a person that files a written record requests an acknowledgment of the filing, the filing office shall send to the person an image of the record showing the number assigned to the record pursuant to section 9519(1)(a) 1 and the date and time of the filing of the record. However, if the person furnishes a copy of the record to the filing office, the filing office may instead do both of the following:
(a) Note upon the copy the number assigned to the record pursuant to section 9519(1)(a) and the date and time of the filing of the record.
(b) Send the copy to the person.
(2) If a person files a record other than a written record, the filing office shall communicate to the person an acknowledgment that provides all of the following:
(a) The information in the record.
(b) The number assigned to the record pursuant to section 9519(1)(a).
(c) The date and time of the filing of the record.
(3) The filing office shall communicate or otherwise make available in a record 1 or more of the following information to any person that requests it:
(a) Whether there is on file on a date and time specified by the filing office, but not a date earlier than 3 business days before the filing office receives the request, any financing statement that meets all of the following:
(i) Designates a particular debtor or, if the request so states, designates a particular debtor at the address specified in the request.
(ii) Has not lapsed under section 9515 2 with respect to all secured parties of record.
(iii) If the request so states, has lapsed under section 9515 and a record of which is maintained by the filing office under section 9522(1). 3
(b) The date and time of filing of each financing statement.
(c) The information provided in each financing statement.
(4) In complying with its duty under subsection (3), the filing office may communicate information in any medium. However, if requested, the filing office shall communicate information by issuing its written certificate or another record that can be admitted into evidence in the courts of this state without extrinsic evidence of its authenticity.
(5) The filing office shall perform the acts required by subsections (1) through (4) at the time and in the manner prescribed by filing-office rule, but, in the case of a filing office described in section 9501(1)(b), 4 not later than 2 business days after the filing office receives the request.
(6) Not later than January 1, 2018, the secretary of state shall sell or license to the public on a nonexclusive basis, in bulk, by subscription, images of all records filed in it under this part each month, or bulk data from the filed records, in a format established by the secretary of state and in 1 or more mediums available to the secretary of state. The secretary of state shall charge a subscription fee of $500.00 per month to a person that subscribes to receive images or data under this subsection.
Cite this article: FindLaw.com - Michigan Compiled Laws, Chapter 440. Uniform Commercial Code § 440.9523 - last updated January 01, 2025 | https://codes.findlaw.com/mi/chapter-440-uniform-commercial-code/mi-comp-laws-440-9523/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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