13 Pennsylvania Consolidated Statutes Chapter 95 - Filing

• Chapter Notes

Subchapter A.  Filing Office; Contents and Effectiveness of Financing Statement

• Section 9501 - Filing Office
  (a) Filing offices.--Except as otherwise provided in subsection (b), if the local law of this Commonwealth governs perfection of a security interest or agricultural...
• Section 9502 - Contents Of Financing Statement; Record Of Mortgage As Financing Statement; Time Of Filing Financing Statement
  (a) Sufficiency of financing statement.--Subject to subsection (b), a financing statement is sufficient only if it: (1) provides the name of the debtor; (2)...
• Section 9503 - Name Of Debtor And Secured Party
  (a) Sufficiency of debtor's name.--A financing statement sufficiently provides the name of the debtor: (1) Except as otherwise provided in paragraph (3), if the...
• Section 9504 - Indication Of Collateral
  A financing statement sufficiently indicates the collateral which it covers if the financing statement provides: (1) a description of the collateral pursuant to section...
• Section 9505 - Filing And Compliance With Other Statutes And Treaties For Consignments, Leases, Other Bailments And Other Transactions
  § 9505. Filing and compliance with other statutes and treaties for consignments, leases, other bailments and other transactions. (a) Use of terms other than...
• Section 9506 - Effect Of Errors Or Omissions
  (a) Minor errors and omissions.--A financing statement substantially satisfying the requirements of this chapter is effective even if it has minor errors or omissions...
• Section 9507 - Effect Of Certain Events On Effectiveness Of Financing Statement
  (a) Disposition.--A filed financing statement remains effective with respect to collateral which is sold, exchanged, leased, licensed or otherwise disposed of and in which...
• Section 9508 - Effectiveness Of Financing Statement If New Debtor Becomes Bound By Security Agreement
  § 9508. Effectiveness of financing statement if new debtor becomes bound by security agreement. (a) Financing statement naming original debtor.--Except as otherwise provided in...
• Section 9509 - Persons Entitled To File A Record
  (a) Person entitled to file record.--A person may file an initial financing statement, amendment which adds collateral covered by a financing statement or amendment...
• Section 9510 - Effectiveness Of Filed Record
  (a) Filed record effective if authorized.--A filed record is effective only to the extent that it was filed by a person that may file...
• Section 9511 - Secured Party Of Record
  (a) Secured party of record.--A secured party of record with respect to a financing statement is a person whose name is provided as the...
• Section 9512 - Amendment Of Financing Statement
  (a) Amendment of information in financing statement.-- Subject to section 9509 (relating to persons entitled to file a record), a person may add or...
• Section 9513 - Termination Statement
  (a) Consumer goods.--A secured party shall cause the secured party of record for a financing statement to file a termination statement for the financing...
• Section 9514 - Assignment Of Powers Of Secured Party Of Record
  (a) Assignment reflected on initial financing statement.-- Except as otherwise provided in subsection (c), an initial financing statement may reflect an assignment of all...
• Section 9515 - Duration And Effectiveness Of Financing Statement; Effect Of Lapsed Financing Statement
  (a) Five-year effectiveness.--Except as otherwise provided in subsections (b), (e), (f) and (g), a filed financing statement is effective for a period of five...
• Section 9516 - What Constitutes Filing; Effectiveness Of Filing
  (a) What constitutes filing.--Except as otherwise provided in subsection (b), communication of a record to a filing office and tender of the filing fee...
• Section 9517 - Effect Of Indexing Errors
  The failure of the filing office to index a record correctly does not affect the effectiveness of the filed record.
• Section 9518 - Claim Concerning Inaccurate Or Wrongfully Filed Record
  (a) Statement with respect to record indexed under person's name.--A person may file in the filing office an information statement with respect to a...

Subchapter B.  Duties and Operation of Filing Office

• Section 9519 - Numbering, Maintaining And Indexing Records; Communicating Information Provided In Records
  (a) Filing office duties.--For each record filed in a filing office, the filing office shall: (1) assign a unique number to the filed record;...
• Section 9520 - Acceptance And Refusal To Accept Record
  (a) Mandatory refusal to accept record.--A filing office shall refuse to accept a record for filing for a reason set forth in section 9516(b)...
• Section 9521 - Uniform Form Of Written Financing Statement And Amendment
  § 9521. Uniform form of written financing statement and amendment. (a) Initial financing statement form.--A filing office which accepts written records may not refuse...
• Section 9522 - 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...
• Section 9523 - Information From Filing Office; Sale Or License Of Records
  § 9523. Information from filing office; sale or license of records. (a) Acknowledgment of filing written record.--If a person that files a written record...
• Section 9524 - Delay By Filing Office
  Delay by the filing office beyond a time limit prescribed by this chapter is excused if: (1) the delay is caused by interruption of...
• Section 9525 - Fees
  (a) Initial financing statement or other record.--Except as otherwise provided in subsections (c) and (d): (1) The fee for filing and indexing a record...
• Section 9526 - Filing-office Rules
  (a) Adoption of filing-office rules.--The Department of State shall promulgate rules to implement this division. The filing-office rules must be consistent with this division....
• Section 9527 - Duty To Report
  The Department of State shall report by October 31 of every even-numbered year to the Governor and the General Assembly on the operation of...

Last modified: October 8, 2016