TITLE 28

COMMERCIAL TRANSACTIONS

CHAPTER 9

SECURED TRANSACTIONS

PART 5.

FILING

28-9-526.  Filing office rules. (a) The secretary of state shall promulgate rules to implement this chapter. The filing office rules must be:

(1)  Consistent with this chapter; and

(2)  Promulgated in accordance with the administrative procedure act, chapter 52, title 67, Idaho Code.

(b)  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:

(1)  Consult with filing offices in other jurisdictions that enact substantially this part; and

(2)  Consult the most recent version of the model rules promulgated by the international association of corporate administrators or any successor organization; and

(3)  Take into consideration the rules and practices of, and the technology used by, filing offices in other jurisdictions that enact substantially this part.

History:

[28-9-526, added 2001, ch. 208, sec. 2, p. 779.]