N.Y. Uniform Commercial Code Law Section 9-522
Maintenance and Destruction of Records

Section 9--522. 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 at least one year after the effectiveness of the financing statement has lapsed under Section 9--515 with respect to all secured parties of record. The record must be retrievable by using the name of the debtor and:

(1)

if the record was filed in the filing office described in Section 9--501(a)(1), by using: (A) the file number assigned to the initial financing statement to which the record relates and the date and time that the record was filed; and (B) in the case of collateral which is a cooperative interest, the real property tax designation associated with the real property in which the cooperative unit is located as assigned by the local real property tax assessing authority; or

(2)

if the record was filed in the filing office described in Section 9--501(a)(2), by using the file number assigned to the initial financing statement to which the record relates.

(b)

Destruction of written records. Except to the extent that a statute governing disposition of public records provides otherwise, the filing office immediately may destroy any written record evidencing a financing statement. However, if the filing office destroys a written record, it shall maintain another record of the financing statement which complies with subsection (a).

Source: Section 9-522 — Maintenance and Destruction of Records, https://www.­nysenate.­gov/legislation/laws/UCC/9-522 (updated Sep. 22, 2014; accessed Oct. 26, 2024).

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Accessed:
Oct. 26, 2024

Last modified:
Sep. 22, 2014

§ 9-522’s source at nysenate​.gov

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