A. 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 47-9515 with respect to all secured parties of record. The record shall be retrievable by using the name of the debtor if the record was filed or recorded in the filing office described in section 47-9501, subsection A, paragraph 1 and, if the record was filed in the filing office described in section 47-9501, subsection A, paragraph 2, by using the file number assigned to the initial financing statement to which the record relates.

Terms Used In Arizona Laws 47-9522

  • Debtor: means :

    (a) A person having an interest, other than a security interest or other lien, in the collateral, whether or not the person is an obligor;

    (b) A seller of accounts, chattel paper, payment intangibles or promissory notes; or

    (c) A consignee. See Arizona Laws 47-9102

  • File number: means the number assigned to an initial financing statement pursuant to section 47-9519, subsection A. See Arizona Laws 47-9102
  • Filing office: means an office designated in section 47-9501 as the place to file a financing statement. See Arizona Laws 47-9102
  • Financing statement: means a record or records composed of an initial financing statement and any filed record relating to the initial financing statement. See Arizona Laws 47-9102
  • Statute: A law passed by a legislature.

B. 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 that complies with subsection A of this section.