Section 9--522. Maintenance and Destruction of Records.(a) Post-lapse maintenance and retrieval of information. The filing office shall maintain a record of the information provided in a filed financing statement for at least one year after the effectiveness of the financing statement has lapsed under Section 9--515 with respect to all secured parties of record. The record must be retrievable by using the name of the debtor and:
(1) if the record was filed in the filing office described in
Section 9--501(a)(1), by using:
(A) the file number assigned to the initial financing
statement to which the record relates and the date and
time that the record was filed; and
(B) in the case of collateral which is a cooperative
interest, the real property tax designation associated
with the real property in which the cooperative unit is
located as assigned by the local real property tax
assessing authority; or
(2) if the record was filed in the filing office described in
Section 9--501(a)(2), by using the file number assigned to
the initial financing statement to which the record relates.
(b) Destruction of written records. Except to the extent that a statute governing disposition of public records provides otherwise, the filing office immediately may 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 which complies with subsection (a).
Last modified: February 3, 2019