§ 70A-9a-525. Fees.  


Latest version.
  • (1) Except as otherwise provided in Subsection (3), the fee for the Division of Corporations and Commercial Code filing and indexing a record under this part, including an initial financing statement of the kind described in Subsection 70A-9a-502(3), shall:
    (a) be determined by the Division of Corporations and Commercial Code;
    (b) be reasonable and fair; and
    (c) reflect the cost of services provided.
    (2) The fee for the Division of Corporations and Commercial Code responding to a request for information from the Division of Corporations and Commercial Code, including for issuing a record showing whether there is on file any financing statement naming a particular debtor shall:
    (a) be determined by the Division of Corporations and Commercial Code;
    (b) be reasonable and fair; and
    (c) reflect the cost of services provided.
    (3)
    (a) 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 Subsection 70A-9a-502(3). However, the recording and satisfaction fees that otherwise would be applicable to the record of the mortgage apply.
    (b)
    (i) This section does not apply to fees charged by a filing office described in Subsection 70A-9a-501(1)(a).
    (ii) A filing office described in Subsection 70A-9a-501(1)(a) shall charge fees in accordance with Section 17-21-18.5.
Amended by Chapter 46, 2001 General Session