(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 17-71-407.
‹ Prev All Utah sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.