TITLE 28

COMMERCIAL TRANSACTIONS

CHAPTER 9

SECURED TRANSACTIONS

PART 5.

FILING

28-9-525.  Fees. (a) Except as otherwise provided in subsection (e) of this section, the fee for filing and indexing a record under this part, other than an initial financing statement of the kind described in section 28-9-502(c), is:

(1)  Six dollars ($6.00) if the record is communicated in writing and consists of one (1) or two (2) pages;

(2)  Twelve dollars ($12.00) if the record is communicated in writing and consists of more than two (2) pages; and

(3)  Three dollars ($3.00) if the record is communicated by another medium authorized by filing office rule.

(b)  Except as otherwise provided in subsection (e) of this section, the fee for filing and indexing an initial financing statement of the kind described in section 28-9-502(c) is the amount specified in subsection (c) of this section, if applicable.

(c)  The number of names required to be indexed does not affect the amount of the fee in subsections (a) and (b) of this section.

(d)  The fee for responding to a request for information from the filing office, including for issuing a certificate showing whether there is on file any financing statement naming a particular debtor, is twelve dollars ($12.00).

(e)  This section does not require a fee with respect to a record of a mortgage which 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 section 28-9-502(c). However, the recording and satisfaction fees that otherwise would be applicable to the record of the mortgage apply.

(f)  The secretary of state shall, by administrative rule, establish a fee schedule for filing and indexing and other matters relating to filing of financing statements covering farm products and for public access to the secretary of state’s files which are open to public inspection. A secured party shall provide an itemization of fees paid by the secured party for filing, searches or other matters related to filing of financing statements covering farm products pertaining to that debtor.

History:

[28-9-525, added 2001, ch. 208, sec. 2, p. 779.]