reglab/housing_qa huggingface dataset:
MT Code § 30-9A-513 (2021)
2021 Montana Code Annotated|Title 30. Trade and Commerce|Chapter 9A. Uniform Commercial Code Secured Transactions|Part 5. Filing|30-9A-513. Termination statement

  30-9A-513. Termination statement. (1) A secured party shall cause the secured party of record for a financing statement to file a termination statement for the financing statement if the financing statement covers consumer goods and:   (a) there is no obligation secured by the collateral covered by the financing statement and no commitment to make an advance, incur an obligation, or otherwise give value; or   (b) the debtor did not authorize the filing of the initial financing statement.   (2) To comply with subsection (1), a secured party shall cause the secured party of record to file the termination statement:   (a) within 1 month after there is no obligation secured by the collateral covered by the financing statement and no commitment to make an advance, incur an obligation, or otherwise give value; or   (b) if earlier, within 20 days after the secured party receives an authenticated demand from a debtor.   (3) In cases not governed by subsection (1), within 20 days after a secured party receives an authenticated demand from a debtor, the secured party shall cause the secured party of record for a financing statement to send to the debtor a termination statement for the financing statement or file the termination statement in the filing office if:   (a) except in the case of a financing statement covering accounts or chattel paper that has been sold or goods that are the subject of a consignment, there is no obligation secured by the collateral covered by the financing statement and no commitment to make an advance, incur an obligation, or otherwise give value;   (b) the financing statement covers accounts or chattel paper that has been sold but as to which the account debtor or other person obligated has discharged its obligation;   (c) the financing statement covers goods that were the subject of a consignment to the debtor but are not in the debtor's possession; or   (d) the debtor did not authorize the filing of the initial financing statement.   (4) Except as otherwise provided in 30-9A-510, upon the filing of a termination statement with the filing office, the financing statement to which the termination statement relates ceases to be effective. Except as otherwise provided in 30-9A-510, for purposes of 30-9A-519(7), 30-9A-522(1), and 30-9A-523(3), the filing with the filing office of a termination statement relating to a financing statement that indicates that the debtor is a transmitting utility also causes the effectiveness of the financing statement to lapse.   History: En. Sec. 83, Ch. 305, L. 1999; amd. Sec. 17, Ch. 179, L. 2001; Sec. 30-9-533, MCA 1999; redes. 30-9A-513 by Code Commissioner, 2001.
MT Code § 30-9A-514 (2021)
2021 Montana Code Annotated|Title 30. Trade and Commerce|Chapter 9A. Uniform Commercial Code Secured Transactions|Part 5. Filing|30-9A-514. Assignment powers of secured party of record

  30-9A-514. Assignment powers of secured party of record. (1) Except as otherwise provided in subsection (3), an initial financing statement may reflect an assignment of all of the secured party's power to authorize an amendment to the financing statement by providing the name and mailing address of the assignee as the name and address of the secured party.   (2) Except as otherwise provided in subsection (3), a secured party of record may assign of record all or part of its power to authorize an amendment to a financing statement by filing in the filing office an amendment of the financing statement that:   (a) identifies, by its file number, the initial financing statement to which it relates;   (b) provides the name of the assignor; and   (c) provides the name and mailing address of the assignee.   (3) An assignment of record of a security interest in a fixture covered by a real property mortgage that is effective as a fixture filing under 30-9A-502(3) may be made only by an assignment of record of the mortgage in the manner provided by law of this state other than chapters 1 through 9A.   History: En. Sec. 84, Ch. 305, L. 1999; Sec. 30-9-534, MCA 1999; redes. 30-9A-514 by Code Commissioner, 2001.
MT Code § 30-9A-515 (2021)
2021 Montana Code Annotated|Title 30. Trade and Commerce|Chapter 9A. Uniform Commercial Code Secured Transactions|Part 5. Filing|30-9A-515. Duration and effectiveness of financing statement -- effect of lapsed financing statement

  30-9A-515. Duration and effectiveness of financing statement -- effect of lapsed financing statement. (1) Except as otherwise provided in subsections (2), (5), (6), and (7), a filed financing statement is effective for a period of 5 years after the date of filing.   (2) Except as otherwise provided in subsections (5), (6), and (7), an initial financing statement filed in connection with a public-finance transaction or manufactured-home transaction is effective for a period of 30 years after the date of filing if it indicates that it is filed in connection with a public-finance transaction or manufactured-home transaction.   (3) The effectiveness of a filed financing statement lapses on the expiration of the period of its effectiveness unless before the lapse a continuation statement is filed pursuant to subsection (4). Upon lapse, a financing statement ceases to be effective and any security interest or agricultural lien that was perfected by the financing statement becomes unperfected, unless the security interest is perfected without filing. If the security interest or agricultural lien becomes unperfected upon lapse, it is deemed never to have been perfected as against a purchaser of the collateral for value.   (4) A continuation statement may be filed only within 6 months before the expiration of the 5-year period specified in subsection (1) or the 30-year period specified in subsection (2), whichever is applicable.   (5) Except as otherwise provided in 30-9A-510, upon timely filing of a continuation statement, the effectiveness of the initial financing statement continues for a period of 5 years commencing on the day on which the financing statement would have become ineffective in the absence of the filing. Upon the expiration of the 5-year period, the financing statement lapses in the same manner as provided in subsection (3), unless, before the lapse, another continuation statement is filed pursuant to subsection (4). Succeeding continuation statements may be filed in the same manner to continue the effectiveness of the initial financing statement.   (6) If a debtor is a transmitting utility and a filed initial financing statement so indicates, the financing statement is effective until a termination statement is filed.   (7) A record of mortgage that is effective as a fixture filing under 30-9A-502(3) remains effective as a fixture filing until the mortgage is released or satisfied of record or its effectiveness otherwise terminates as to the real property.   History: En. Sec. 85, Ch. 305, L. 1999; Sec. 30-9-535, MCA 1999; redes. 30-9A-515 by Code Commissioner, 2001; amd. Sec. 14, Ch. 75, L. 2013.
MT Code § 30-9A-517 (2021)
2021 Montana Code Annotated|Title 30. Trade and Commerce|Chapter 9A. Uniform Commercial Code Secured Transactions|Part 5. Filing|30-9A-517. Effect of indexing errors

  30-9A-517. Effect of indexing errors. The failure of the filing office to index a record correctly does not affect the effectiveness of the filed record.   History: En. Sec. 87, Ch. 305, L. 1999; Sec. 30-9-537, MCA 1999; redes. 30-9A-517 by Code Commissioner, 2001.
MT Code § 30-9A-518 (2021)
2021 Montana Code Annotated|Title 30. Trade and Commerce|Chapter 9A. Uniform Commercial Code Secured Transactions|Part 5. Filing|30-9A-518. Claim concerning inaccurate or wrongfully filed record

  30-9A-518. Claim concerning inaccurate or wrongfully filed record. (1) A person may file in the filing office an information statement with respect to a record indexed there under the person's name if the person believes that the record is inaccurate or was wrongfully filed.   (2) An information statement under subsection (1) must:   (a) identify the record to which it relates by:   (i) the file number assigned to the initial financing statement to which the record relates; and   (ii) if the information statement relates to a record filed in a filing office described in 30-9A-501(1)(a), the date that the initial financing statement was filed or recorded and the information specified in 30-9A-502(2);   (b) indicate that it is an information statement; and   (c) 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.   (3) 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 30-9A-509(4).   (4) An information statement under subsection (3) must:   (a) identify the record to which it relates by:   (i) the file number assigned to the initial financing statement to which the record relates; and   (ii) if the information statement relates to a record filed in a filing office described in 30-9A-501(1)(a), the date that the initial financing statement was filed and the information specified in 30-9A-502(2);   (b) indicate that it is an information statement; and   (c) provide the basis for the person's belief that the person that filed the record was not entitled to do so under 30-9A-509(4).   (5) The filing of an information statement does not affect the effectiveness of an initial financing statement or other filed record.   History: En. Sec. 88, Ch. 305, L. 1999; Sec. 30-9-538, MCA 1999; redes. 30-9A-518 by Code Commissioner, 2001; amd. Sec. 16, Ch. 75, L. 2013.
MT Code § 30-9A-520 (2021)
2021 Montana Code Annotated|Title 30. Trade and Commerce|Chapter 9A. Uniform Commercial Code Secured Transactions|Part 5. Filing|30-9A-520. Acceptance and refusal to record

  30-9A-520. Acceptance and refusal to record. (1) A filing office shall refuse to accept a record for filing for a reason set forth in 30-9A-502 and 30-9A-516(2) and may refuse to accept a record for filing only for a reason set forth in 30-9A-502 and 30-9A-516(2).   (2) If a filing office refuses to accept a record for filing, it shall communicate to the person that presented the record the fact of and reason for the refusal and the date and time the record would have been filed had the filing office accepted it. The communication must be made at the time and in the manner prescribed by filing-office rule but in no event more than 2 business days after the filing office receives the record.   (3) A filed financing statement complying with 30-9A-502(1) and (2) is effective, even if the filing office is required to refuse to accept it for filing under subsection (1). However, 30-9A-338 applies to a filed financing statement providing information described in 30-9A-516(2)(e) that is incorrect at the time the financing statement is filed.   (4) If a record communicated to a filing office provides information that relates to more than one debtor, this part applies as to each debtor separately.   History: En. Sec. 90, Ch. 305, L. 1999; Sec. 30-9-540, MCA 1999; redes. 30-9A-520 by Code Commissioner, 2001.
MT Code § 30-9A-521 (2021)
2021 Montana Code Annotated|Title 30. Trade and Commerce|Chapter 9A. Uniform Commercial Code Secured Transactions|Part 5. Filing|30-9A-521. Uniform form of written financing statement and amendment

  30-9A-521. Uniform form of written financing statement and amendment. (1) A filing office that accepts written records may not refuse to accept a written initial financing statement in the form and format set forth in the official text of the 2010 amendments to Article 9 of the Uniform Commercial Code promulgated by The American Law Institute and the National Conference of Commissioners on Uniform State Laws, except for a reason set forth in 30-9A-516(2).   (2) A filing office that accepts written records may not refuse to accept a written record in the form and format set forth as Form UCC3 and Form UCC3Ad in the final official text of the 2010 amendments to Article 9 of the Uniform Commercial Code promulgated by The American Law Institute and the National Conference of Commissioners on Uniform State Laws, except for a reason set forth in 30-9A-516(2).   History: En. Sec. 91, Ch. 305, L. 1999; Sec. 30-9-541, MCA 1999; redes. 30-9A-521 by Code Commissioner, 2001; amd. Sec. 17, Ch. 75, L. 2013.
MT Code § 30-9A-522 (2021)
2021 Montana Code Annotated|Title 30. Trade and Commerce|Chapter 9A. Uniform Commercial Code Secured Transactions|Part 5. Filing|30-9A-522. Maintenance and destruction of records

  30-9A-522. Maintenance and destruction of records. (1) Subject to the requirements of Title 2, chapter 6, part 11, the filing office shall maintain a record of the information provided in a filed financing statement for at least 1 year after the effectiveness of the filed financing statement has lapsed under 30-9A-515 with respect to all secured parties of record. The record must be retrievable by using the name of the debtor and:   (a) if the record was filed or recorded in the filing office described in 30-9A-501(1)(a), by using the file number assigned to the initial financing statement to which the record relates and the date and time that the record was filed or recorded; or   (b) if the record was filed or recorded in the filing office described in 30-9A-501(1)(b), by using the date and time file number assigned to the initial financing statement to which the record relates.   (2) Except to the extent that a statute governing disposition of public records provides otherwise, the filing office may immediately destroy any written record evidencing a financing statement. However, if the filing office destroys a written record, it shall maintain another record of the financing statement that complies with subsection (1).   History: En. Sec. 92, Ch. 305, L. 1999; Sec. 30-9-542, MCA 1999; redes. 30-9A-522 by Code Commissioner, 2001; amd. Sec. 48, Ch. 348, L. 2015.
MT Code § 30-9A-523 (2021)
2021 Montana Code Annotated|Title 30. Trade and Commerce|Chapter 9A. Uniform Commercial Code Secured Transactions|Part 5. Filing|30-9A-523. Information from filing office -- sale or license of records

  30-9A-523. Information from filing office -- sale or license of records. (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 30-9A-519(1)(a) 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:   (a) note upon the copy the number assigned to the record pursuant to 30-9A-519(1)(a) and the date and time of the filing of the record; and   (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:   (a) the information in the record;   (b) the number assigned to the record pursuant to 30-9A-519(1)(a); and   (c) the date and time of the filing of the record.   (3) The filing office shall communicate or otherwise make available in a record 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:   (i) designates a particular debtor;   (ii) has not lapsed under 30-9A-515 with respect to all secured parties of record; and   (iii) if the request so states, has lapsed under 30-9A-515 and a record of which is maintained by the filing office under 30-9A-522(1);   (b) the date and time of filing of each financing statement; and   (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 a 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 not later than 2 business days after the filing office receives the request.   (6) At least weekly, the filing office shall offer to sell or license to the public on a nonexclusive basis, in bulk, copies of all records filed in it under this part, in a reasonable form or medium from time to time available to the filing office.   History: En. Sec. 93, Ch. 305, L. 1999; Sec. 30-9-543, MCA 1999; redes. 30-9A-523 by Code Commissioner, 2001.
MT Code § 30-9A-524 (2021)
2021 Montana Code Annotated|Title 30. Trade and Commerce|Chapter 9A. Uniform Commercial Code Secured Transactions|Part 5. Filing|30-9A-524. Delay by filing office

  30-9A-524. Delay by filing office. Delay by the filing office beyond a time limit prescribed in this part is excused if:   (1) the delay is caused by interruption of communication or computer facilities, war, emergency conditions, failure of equipment, or other circumstances beyond the control of the filing office; and   (2) the filing office exercises reasonable diligence under the circumstances.   History: En. Sec. 94, Ch. 305, L. 1999; Sec. 30-9-544, MCA 1999; redes. 30-9A-524 by Code Commissioner, 2001.
MT Code § 30-9A-525 (2021)
2021 Montana Code Annotated|Title 30. Trade and Commerce|Chapter 9A. Uniform Commercial Code Secured Transactions|Part 5. Filing|30-9A-525. Fees

  30-9A-525. Fees. (1) Except as otherwise provided in subsection (2), the fee for each of the following must be set and deposited by the secretary of state as prescribed in 2-15-405:   (a) filing and indexing a record under this part, other than an initial financing statement filed in connection with a public-finance transaction or a manufactured-home transaction;   (b) filing and indexing an initial financing statement of the kind described in 30-9A-502(3); and   (c) responding to a request for information from the filing office, including for communicating whether there is on file any financing statement naming a particular debtor.   (2) This section does not require a fee with respect to a record of mortgage that is effective as a financing statement filed as a fixture filing or as a financing statement covering as-extracted collateral or timber to be cut under 30-9A-502(3). However, the recording and satisfaction fees that otherwise would be applicable to the record of mortgage apply.   History: En. Sec. 95, Ch. 305, L. 1999; amd. Sec. 18, Ch. 179, L. 2001; amd. Secs. 14, 29(1), Ch. 396, L. 2001; Sec. 30-9-545, MCA 1999; redes. 30-9A-525 by Code Commissioner, 2001.
MT Code § 30-9A-526 (2021)
2021 Montana Code Annotated|Title 30. Trade and Commerce|Chapter 9A. Uniform Commercial Code Secured Transactions|Part 5. Filing|30-9A-526. Filing-office rules

  30-9A-526. Filing-office rules. (1) The secretary of state shall adopt and publish rules to carry out the provisions of this chapter. The filing-office rules must be:   (a) consistent with this chapter; and   (b) adopted and published in accordance with Title 2, chapter 4.   (2) To keep the filing-office rules and practices of the filing office in harmony with the rules and practices of filing offices in other jurisdictions that enact substantially this part and to keep the technology used by the filing office compatible with the technology used by filing offices in other jurisdictions that enact substantially this part, the secretary of state, so far as is consistent with the purposes, policies, and provisions of this chapter, in adopting, amending, and repealing filing-office rules shall:   (a) consult with filing offices in other jurisdictions that enact substantially this part;   (b) consult the most recent version of the model rules promulgated by the international association of corporate administrators or any successor organization; and   (c) take into consideration the rules and practices of and the technology used by filing offices in other jurisdictions that enact substantially this part.   History: En. Sec. 96, Ch. 305, L. 1999; Sec. 30-9-546, MCA 1999; redes. 30-9A-526 by Code Commissioner, 2001.
MT Code § 30-9A-527 (2021)
2021 Montana Code Annotated|Title 30. Trade and Commerce|Chapter 9A. Uniform Commercial Code Secured Transactions|Part 5. Filing|30-9A-527. Duty to report

  30-9A-527. Duty to report. If there have been any changes affecting filing-office rules, the secretary of state shall report to the state administration and veterans' affairs interim committee by September 15 in the year preceding the regular legislative session on the operation of the filing office. The report must contain a statement of the extent to which:   (1) the filing-office rules are not in harmony with the rules of filing offices in other jurisdictions that enact substantially this part and the reasons for these variations; and   (2) the filing-office rules are not in harmony with the most recent version of the model rules promulgated by the international association of corporate administrators or any successor organization and the reasons for these variations.   History: En. Sec. 97, Ch. 305, L. 1999; Sec. 30-9-547, MCA 1999; redes. 30-9A-527 by Code Commissioner, 2001; amd. Sec. 7, Ch. 155, L. 2013.
MT Code § 30-9A-601 (2021)
2021 Montana Code Annotated|Title 30. Trade and Commerce|Chapter 9A. Uniform Commercial Code Secured Transactions|Part 6. Default|30-9A-601. Rights after default -- judicial enforcement -- consignor or buyer of accounts, chattel paper, payment intangibles, or promissory notes

  30-9A-601. Rights after default -- judicial enforcement -- consignor or buyer of accounts, chattel paper, payment intangibles, or promissory notes. (1) After default, a secured party has the rights provided in this part and, except as otherwise provided in 30-9A-602, those provided by agreement of the parties. A secured party:   (a) may reduce a claim to judgment, foreclose, or otherwise enforce the claim, security interest, or agricultural lien by any available judicial procedure; and   (b) if the collateral is documents, may proceed either as to the documents or as to the goods they cover.   (2) A secured party in possession of collateral or control of collateral under 30-7-107, 30-9A-104, 30-9A-105, 30-9A-106, or 30-9A-107 has the rights and duties provided in 30-9A-207.   (3) The rights under subsections (1) and (2) are cumulative and may be exercised simultaneously.   (4) Except as otherwise provided in 30-9A-605 and subsection (7) of this section, after default, a debtor and an obligor have the rights provided in this part and by agreement of the parties.   (5) If a secured party has reduced its claim to judgment, the lien of any levy that may be made upon the collateral by virtue of an execution based upon the judgment relates back to the earliest of:   (a) the date of perfection of the security interest or agricultural lien in the collateral;   (b) the date of filing a financing statement covering the collateral; or   (c) any date specified in a statute under which the agricultural lien was created.   (6) A sale pursuant to an execution is a foreclosure of the security interest or agricultural lien by judicial procedure within the meaning of this section. A secured party may purchase at the sale and thereafter hold the collateral free of any other requirements of this chapter.   (7) Except as otherwise provided in 30-9A-607(3), this part imposes no duties upon a secured party that is a consignor or is a buyer of accounts, chattel paper, payment intangibles, or promissory notes.   History: En. Sec. 98, Ch. 305, L. 1999; Sec. 30-9-601, MCA 1999; redes. 30-9A-601 by Code Commissioner, 2001; amd. Sec. 85, Ch. 575, L. 2005.