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Last modified
8/15/2009 11:41:22 AM
Creation date
9/30/2006 8:12:32 PM
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Template:
Legislation
Bill Number
SB95-091
Year
1995
Title
Concerning Filings to Perfect Security Interests and in Connection Therewith Creating a Central Indexing System and Making Appropriations
Legislation - Doc Type
Other CWCB Related Bills - Passed
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<br />) <br /> <br />lists and establish charges therefor .pursuant to sectien <br />.35 Hi 195, C.R.S. ARTICLE 9.3 OF THIS TITLE. The distribution <br />shall~e made by first-class mail, postage prepaid; A registrant <br />is deemed to be registered only as to those products, counties, <br />and crop years for which the registrant requests a list. If the <br />name of 'the seller of a farm product is not on a li st requested <br />and received by a registrant, the registrant shall have no <br />1 iabil i ty under thi s art i cl e except as to those farm products for <br />which the registrant has received direct notification of the <br />existence of security interests pursuant to section'1324 (e) (1) <br />and (g) (2) (A) of the federal "Food Security Act of 1985". The <br />registrant may rely on the representation of the seller as to the <br />seller's identity, so long as the reliance is in good faith. <br /> <br />. . <br />SECTION 14. 4-9.5-'108, Colorado Revised Statutes, 1992 Repl. <br />Vol., as amended, is amended to read: . <br /> <br />) <br /> <br />4~9.5-108. Filings generally. (1) The board or its <br />des i gnee or, pursuant. to section 4-,-9.5-104 (1) (a), the county <br />cl erk and recorder or the secretary of state shall accept for <br />filing all filings pursuant to this article during regular <br />bus i ness hours. The board or its des i gnee or,. pursuant to sect i on <br />4-9.5-104 (1) (a), the county cl erk and recorder or the secretary <br />of state shall record the date and hour of the filing of such <br />statements and the board or its designee shall update the master <br />1 i st to refl ect such statements . I f the board or its designee or, <br />pursuant to section 4-9.5-104 (1) (a) ,. the county- clerk and <br />recorder or the secretary of state receives the statement in <br />dupl icate, one copy of the statement shall be returned to the <br />. .. _ Lilin9-llarty stamped to show the. time of receipt thereof. All <br />fi 1 ings shall be. submi tted for fil i ng on forms prescri bed by the <br />board. <br /> <br />(2) A DOCUMENT FILED PURSUANT TO THIS ARTICLE SHALL NOT <br />CONSTITUTE NOTICE FOR PURPOSES OF SECTION 38-35-109; C,R.S. <br /> <br />SECTION 15. 4-9.5-110 (1) and (3), Colorado . Revised <br />Statutes, 1992 Repl. Vol., are amended to read: <br /> <br />.. .. -.. - - - 4-9T5-110.---F:ees~-l'u!es.al'ld:l'egulations~.(.l >- -J...ees.xelat.Lve_ . <br />to matters in th.i s art i c 1 e are prescri bed and to. be determi ned <br />pursuant to sedieR 35 15 195, C.R.S. ARTICLE 9.3 OF THIS TITLE. <br />Any moneys appropriated to the board to implement this central <br />fil ing system shall be reimbursed from the. fees .collected and <br />deposited to the board's central filing system fund.. The fees <br />shall be determined based on the initial cost and the on-going <br />cost to operate the system, and reimbursement to the general fund <br />shall be made on or before June 30, 1992, so that the <br />implementation of the system will be allocated over a three-year <br />period, which will lessen the impact on the parties. The initial <br />cost and the on-going cost to operate the system shall .be <br />calculated on the basis of actual direct costs. The board shall <br /> <br />PAGE 13-SENATE BILL 95-91 <br />
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