California Commercial Code 9524 – Delay by the filing office beyond a time limit prescribed by this …
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Delay by the filing office beyond a time limit prescribed by this chapter is excused if both of the following conditions are satisfied:
(1) The delay is caused by interruption of communication or computer facilities, war, emergency conditions, failure of equipment, or other circumstances beyond control of the filing office.
Terms Used In California Commercial Code 9524
- Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
(2) The filing office exercises reasonable diligence under the circumstances.
(Amended (as to be added by Stats. 1999, Ch. 991) by Stats. 2000, Ch. 1003, Sec. 40. Effective January 1, 2001. Addition and amendment operative July 1, 2001, by Stats. 1999, Ch. 991, Sec. 75, and Stats. 2000, Ch. 1003, Sec. 56.)