Louisiana Administrative Code › Title 10 - FINANCIAL INSTITUTIONS, CONSUMER CREDIT, INVESTMENT SECURITIES AND UCC › Part XIX - Uniform Commercial Code › Chapter 3 - Central Registry › Section XIX-307 - Filing Procedures

Current through Register Vol. 50, No. 6, June 20, 2024
A. The
				proper place to file in order to perfect a security interest in farm products
				is with the clerk of court of any parish (the "filing officer").
B. Security devices affecting farm products
				must be accompanied by a properly completed effective financing statement (EFS)
				or the filing information will not be reflected in the master list or portions
				thereof, cumulative addenda, or encumbrance certificates issued in accordance
				with §315 and
				§317 herein.
C. All effective financing statements must be
				submitted on Form UCC-1F as prescribed by the secretary.
D. All amendments, releases, assignments,
				continuations, and terminations of EFS must be submitted on Form UCC-3F, as
				prescribed by the secretary.
E. If
				the space provided on Forms UCC-1F or UCC-3F is inadequate, the additional data
				may be provided on an additional sheet of paper and attached to Forms UCC-1F or
				UCC-3F at no additional charge to the filing party. It is also permissible to
				submit the additional data on 8 1/2 by 11 inch sheets of paper which are each
				identified at the top with the first debtor's name.
F. All effective financing statements,
				amendments, releases, assignments, or continuations of effective financing
				statements must be accompanied by the required fee unless approval for billing
				has been granted by the filing officer.
G. If the person filing an EFS, amendment,
				release, continuation, or termination furnishes the filing officer a copy
				thereof, the filing officer shall note upon the copy the file number and date
				and hour thereof, and send the copy by mail to such person. If the copy is to
				be returned to another party or another address, indicate the same in the
				appropriate box on Forms UCC-1F or UCC-3F.
H. The filing officer shall transmit the
				information contained in the effective financing statement or other statement,
				together with the date and time of filing and file number thereof, no later
				than 4:30 p.m. on the second business day following filing, to the secretary of
				state for inclusion in the central registry.
I. The secretary of state shall, within two
				business days following receipt of such information from the filing officer,
				send written notice to the secured party (and such other interested person
				designated on the form) confirming such receipt and reflecting all information
				received and included in the central registry.
J. Any questions regarding the filing
				information reflected in the written notice of acknowledgment from the
				secretary of state should first be directed to the filing officer who accepted
				and recorded the filing.
1. Data entry errors
				will be corrected by the filing officers at no charge to the secured party. The
				filing officer shall make each correction and transmit the same to the
				secretary of state for inclusion in the central registry, together with the
				date and time such correction was made, no later than 4:30 p.m. on the second
				business day after receiving written request for the correction. Upon such
				correction, the secretary of state will send written notice to the secured
				party confirming receipt of the same.
2. Errors committed by the secured party in
				preparing the financing statement must be corrected by filing an amendment or
				by filing a new effective financing statement.