Commerce, Corporations and Commercial Code

Rule R154-2

Utah Uniform Commercial Code, Revised Article 9 Rules

Five-Year Notice of Review and Statement of Continuation

DAR File No.: 34785
Filed: 05/10/2011 08:50:44 AM

NOTICE OF REVIEW AND STATEMENT OF CONTINUATION

Concise explanation of the particular statutory provisions under which the rule is enacted and how these provisions authorize or require the rule:

Title 70A, Chapter 9a, requires this rule to further explain the filing function of Uniform Commercial Code (UCC) filings. While the statute is in effect, the rule must remain in effect.

Summary of written comments received during and since the last five-year review of the rule from interested persons supporting or opposing the rule:

No comments have been received.

Reasoned justification for continuation of the rule, including reasons why the agency disagrees with comments in opposition to the rule, if any:

By agreement with the federal government, this rule remains in place to govern agricultural filings in the UCC/CFS (Central Filing System) area. Therefore, this rule should be continued.

The full text of this rule may be inspected, during regular business hours, at the Division of Administrative Rules, or at:

Direct questions regarding this rule to:

• Kathy Berg at the above address, by phone at 801-530-6216, by FAX at 801-530-6438, or by Internet E-mail at [email protected]

Authorized by:

Kathy Berg, Director

Effective:

05/10/2011