TITLE 6A
Uniform Commercial Code
CHAPTER 6A-9
Secured Transactions
PART 6A-9-201
Effectiveness of Security Agreement; Attachment of Security Interest; Rights of
Parties to Security Agreement
SECTION 6A-9-210
§ 6A-9-210 Request for accounting; request
regarding list of collateral or statement of account.
(a) Definitions. In this section:
(1) "Request" means a record of a type described in paragraph
(2), (3), or (4).
(2) "Request for an accounting" means a record authenticated
by a debtor requesting that the recipient provide an accounting of the unpaid
obligations secured by collateral and reasonably identifying the transaction or
relationship that is the subject of the request.
(3) "Request regarding a list of collateral" means a record
authenticated by a debtor requesting that the recipient approve or correct a
list of what the debtor believes to be the collateral securing an obligation
and reasonably identifying the transaction or relationship that is the subject
of the request.
(4) "Request regarding a statement of account" means a record
authenticated by a debtor requesting that the recipient approve or correct a
statement indicating what the debtor believes to be the aggregate amount of
unpaid obligations secured by collateral as of a specified date and reasonably
identifying the transaction or relationship that is the subject of the request.
(b) Duty to respond to requests. Subject to
subsections (c), (d), (e), and (f), a secured party, other than a buyer of
accounts, chattel paper, payment intangibles, or promissory notes or a
consignor, shall comply with a request within 14 days after receipt:
(1) In the case of a request for an accounting, by
authenticating and sending to the debtor an accounting; and
(2) In the case of a request regarding a list of collateral
or a request regarding a statement of account, by authenticating and sending to
the debtor an approval or correction.
(c) Request regarding list of collateral; statement
concerning type of collateral. A secured party that claims a security
interest in all of a particular type of collateral owned by the debtor may
comply with a request regarding a list of collateral by sending to the debtor
an authenticated record including a statement to that effect within 14 days
after receipt.
(d) Request regarding list of collateral; no interest
claimed. A person that receives a request regarding a list of collateral,
claims no interest in the collateral when it receives the request, and claimed
an interest in the collateral at an earlier time shall comply with the request
within 14 days after receipt by sending to the debtor an authenticated record:
(1) Disclaiming any interest in the collateral; and
(2) If known to the recipient, providing the name and mailing
address of any assignee of or successor to the recipient's interest in the
collateral.
(e) Request for accounting or regarding statement of
account; no interest in obligation claimed. A person that receives a
request for an accounting or a request regarding a statement of account, claims
no interest in the obligations when it receives the request, and claimed an
interest in the obligations at an earlier time shall comply with the request
within 14 days after receipt by sending to the debtor an authenticated record:
(1) Disclaiming any interest in the obligations; and
(2) If known to the recipient, providing the name and mailing
address of any assignee of or successor to the recipient's interest in the
obligations.
(f) Charges for responses. A debtor is entitled
without charge to one response to a request under this section during any
six-month period. The secured party may require payment of a charge not
exceeding $25 for each additional response.
History of Section.
(P.L. 2000, ch. 182, § 6; P.L. 2000, ch. 420, § 6.)
