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<br />(b) FILINGS RECEIVEO AFTER NOON WILL BE TRANSMITTED TO THE <br />CENTRAL INDEXING SYSTEM NO LATER THAN THE END. OF THE SECOND <br />BUSINESS DAY FOLLOWING THE DAY OF RECEIPT. <br /> <br />(3) THIS SECTION SHALL TAKE EFFECT JULY 1, 1996. <br /> <br />SECTION 12. 4-9.5-103 (1), (7) (f), and (7) (J), Colorado <br />Revi sed Statutes, 1992 Repl. Vol., as amended, are amended to <br />read: <br /> <br />4-9.5-103. Definitions. As used in this article, unless the <br />context otherwise requires: <br /> <br />(I) "Board" means the state central. fil ing system board, <br />created in article 15 af title 35, C.R.S. SECTION 4-9.3-103. <br /> <br />(7) "Effective financing statement" means a statement that: <br /> <br />(f) Rema i ns effective for a peri od of fi ve years from the <br />date of fil i ng, pra':i eleel tAD' aRRlIa 1 RIa i RteRaRce fee establi sAeel <br />pllrsllaRt ta sectiaR 35 15 IQ5.(2) (i), C.R.S., is paiel eacA year, <br />sllbje€t ta exteRsiaRsfar aelelitiaRal periaEls af fi':e yearSea€A <br />by fil iRg a caRtiRlIatiaR stateRleRt witAiRsix RleRtAs bofere tAO <br />expiratiaR..f tAil ClIrreRt five year'periaEl as praviEl~e1 iR.se€tiaR <br />1 9.5 IQ6SUBJECT TO EXTENSIONS FOR ADDITIONAL FIVE-YEAR PERIODS <br />BY FILING A CONTINUATION STATEMENT WITHIN SIX MONTHS BEFORE THE <br />EXPIRATION OF THE CURRENT FIVE-YEAR PERIOD, AS PROVIDED IN SECTION <br />4-9.5-106; . <br /> <br />.. (j) Is accompanied by the requisite fil ing fee, established <br />..pm:suanLt..o..J;&:U9Il .Jli 1 0 . ..1.Q li.,r n .s... AR.UCLL9...3-Of-+I:l1S TITLE <br /> <br />SECTION 13. 4-9.5-104 (5) (a), Colorado Revised Statutes, <br />1992 Repl. Vol., as amended, is amended to read: <br /> <br />4-9.5-104. Central filing system. (5) (a) The lists as. <br />identified pursuant to subsection (3) of this section shall be <br />distributed by the board or its designee and shall reflect all <br />then ~ffect i ve fil i ngs , call i n9 attention to new fi 1 i ngs ,changes, <br />'and terminations since the.last 1 ist, and shall be in writing or <br />pr4nteel,-miffeHehe -and-eomputer-r~ad ab}e-forms..- -lhe.boai'".a cor-H-s- - <br />designees shall determine the frequency with which the 1 ists <br />ideht ifi edpursuant to subsection (3) of this sect i ohsha 11 be <br />distri buted. Such lists may be distri buted on an annual bas i s <br />with three quarterly cumul at i ve . supp 1 ements refl ect i hg all new <br />filings, changes, and terminations since the last list, if it is <br />cost~effective, requested by registered.buyers, and permitted by <br />appl icable federal law.. The board shall alSo provide for the <br />distribution by the board or its designee of the lists in direct <br />computer access form and establish reasonable charges therefor <br />pursuant to sectiaR 3515 lQli, C.R.S. ARTICLE 9.3 OF THIS TITLE. <br />The board may also develop other forms in whith to distribute <br /> <br />PAGE 12-SENATE BILL 95-91 <br />