Skip to main content

North Dakota Regulations § 72-01-02-06 Rejections

⤴ Up to Chapter 72-01-02: Computerized Central Indexing System

Regulation Text

1. Any financing statement submitted for filing with any filing officer must be rejected if it lists the same individual as both debtor and secured party or for the following:
a. Failure to provide each debtor's social security number or tax identification number;
b. Failure to provide the name of the debtor;
c. Failure to indicate whether the debtor is an individual or an organization;
d. If identified as an individual, failure to provide the last name of the debtor;
e. If identified as an organization, failure to provide organizational information for the debtor; including the type of organization, jurisdiction of organization, and an organizational identification number or an indication that the debtor has none;
f. Failure to provide a mailing address for the debtor;
g. Failure to provide a name for the secured party;
h. Failure to provide a mailing address for the secured party;
i. Failure to provide a name for the assignee; or
j. Failure to provide a mailing address for the assignee.
2. An amendment or correction statement will be rejected for the following:
a. Failure to file each amendment, continuation, termination, or lien release in the same filing office as the original financing statement or lien to which it relates;
b. Failure to identify a file number of an initial financing statement to which it refers; or
c. If it identifies an initial financing statement for which effectiveness has lapsed.
3. A continuation statement must be filed within the six-month window prior to lapse.
4. Any statutory lien submitted for filing with any filing officer must be rejected if it is not a verified statement containing all of the following:
a. Name and address of lienholder;
b. Debtor's name; and
c. The debtor's social security number or tax identification number.
5. Any document tendered for filing which is rejected by the filing officer will be marked with the time and date it was tendered, whether the correct filing fee was tendered with the document, the reason for the rejection, and will indicate the filing officer. Any fees tendered with the rejected filing will be refunded.

History

Effective February 1, 1992; amended effective March 1, 1994; November 1, 1999; June 1, 2002.