Transcript
Page 1: Mandatory E-filing of Secured Transaction records

Mandatory E-Filing

of Secured

Transaction Records

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1. The Law

2. How We Get There

3. Practical Aspects

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The Law

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The filing office can specify the method and medium of communication.

Method and Medium

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The Secretary of State may require any filing to be made by electronic means.

By Electronic Means

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Electronic filing is the only authorized method of delivery.

Only Method of Delivery

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Federal liens are excluded from the electronic mandate.

Exclusion

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Paper filings accepted only upon the Secretary’s approval of hardship cases.

Hardship

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The electronic mandate will also apply to searches and certification of reports and records.

Related Issues

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How We Get There

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Effective Date

The same date as the new system deploys.

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Attachments

We will accept: PDF and Text (.txt)Total file size of 10 megabytes (MB)Maximum of 50 files

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ACH

Will be accepted

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System-to-System Transfer

Users will be able to submit filings using an XML data transfer process.

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Notice

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Practical Aspects

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Efficiency

Paper FilingElectronic

FilingVS.

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How a Document Becomes a Record in a Paper Based World

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How a Document Becomes a Record in a Paper Based World

1 2 3

4 5 6

7 8 9

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How a Document Becomes a Record in an Electronic World

Filed Record

Public User

Online Filing Application

Online Payment

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Historical Experience

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Moving Forward

Mobile

On-line

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Pictures• Adga Proff by Alexandre Buisse http://commons.wikimedia.org/wiki/File:Agda_proof.jpg

• Contemplation of Justice by UpstateNYer http://commons.wikimedia.org/wiki/File:ContemplationOfJustice.JPG

• Brooklyn Bridge Manhattan by Suiseiseki http://commons.wikimedia.org/wiki/File:Brooklyn_Bridge_Manhattan.jpg

• Calendar-leapyeardate by Fluff http://commons.wikimedia.org/wiki/File:Calendar-leapyeardate.jpg

• Wanzijia by Hayih http://commons.wikimedia.org/wiki/File:Wanzijia.jpg

• 20 Dollars Art 3 by Man-ucommons http://commons.wikimedia.org/wiki/File:20_Dollars_art3.jpg

• RecipeBook XML Example 2 by Jmh2o http://commons.wikimedia.org/wiki/File:RecipeBook_XML_Example_2.svg

• iPhone 3GS sides by Penato Mitra http://commons.wikimedia.org/wiki/File:IPhone_3G_S_sides.jpg

• Manila Paper by Nathan Beach http://commons.wikimedia.org/wiki/File:ManilaPaper.jpg

• MacBook by Grm wnr http://commons.wikimedia.org/wiki/File:MacBook.jpg

• Erika 9 typewriter by Sommeregger http://commons.wikimedia.org/wiki/File:Erika_9_typewriter.jpg

• Breifoeffner mit kuvert und hand fcm by Frank C Muller http://commons.wikimedia.org/wiki/File:Briefoeffner_mit_kuvert_und_hand_fcm.jpg

• Stempelkissen Geha by Alter Fritz http://commons.wikimedia.org/wiki/File:Stempelkissen_Geha_(Alter_Fritz).JPG

• 1, 5 und 10 Dollarnoten by Man-ucommons http://commons.wikimedia.org/wiki/File:1,5_und_10_Dollarnoten.jpg

• Murrary & Heister by Theodor Horydczak http://hdl.loc.gov/loc.pnp/thc.5a43068

• Neil Armstrong reviews flight plans by NASA http://commons.wikimedia.org/wiki/File:Neil_Armstrong_reviews_flight_plans.jpg

• The Bonus division where the many clerks figure the amount of the bonus each veteran is entitled to Library of Congress http://memory.loc.gov/service/pnp/cph/3c00000/3c01000/3c01200/3c01229v.jpg

• Red Checkmark by Johannes Rossel http://commons.wikimedia.org/wiki/File:Red_Checkmark.svg

• Churchill waves to crowds by IWM Collections http://commons.wikimedia.org/wiki/File:Churchill_waves_to_crowds.jpg

• Destitute man vacant store by Dorothea Lange http://commons.wikimedia.org/wiki/File:Destitute_man_vacant_store.gif

• Friedenshobelpreis-1963 by unknown http://commons.wikimedia.org/wiki/File:Friedensnobelpreis-1963.jpg

• Macbook white redjar 20060603 by Jared C Bendicthttp://commons.wikimedia.org/wiki/File:Macbook_white_redjar_20060603.jpg

• iPhone 2 by Daniel Zanetti http://commons.wikimedia.org/wiki/File:Iphone_2.jpg


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