                                 CODE OF VIRGINIA

INFORMATION FROM FILING OFFICE; SALE OR LICENSE OF RECORDS (§ 8.9A-523)

a. Acknowledgment of filing written record. &#8212; If a person that files a
written record requests an acknowledgment of the filing, the filing office shall
send to the person an image of the record showing the number assigned to the
record pursuant to § 8.9A-519 (a) (1) and the date and time of the filing of
the record. However, if the person furnishes a copy of the record to the filing
office, the filing office may instead:

   1. note upon the copy the number assigned to the record pursuant to &#xA7;
   8.9A-519 (a) (1) and the date and time of the filing of the record; and

   2. send the copy to the person.

b. Acknowledgment of filing other record. &#8212; If a person files a record
other than a written record, the filing office shall communicate to the person
an acknowledgment that provides:

   1. the information in the record;

   2. the number assigned to the record pursuant to &#xA7; 8.9A-519 (a) (1); and

   3. the date and time of the filing of the record.

c. Communication of requested information. &#8212; The filing office shall
communicate or otherwise make available in a record the following information to
any person that requests it:

   1. whether there is on file on a date and time specified by the filing office,
   but not a date earlier than six business days before the filing office
   receives the request, any financing statement that:

A. designates a particular debtor or, if the request so states, designates a
particular debtor at the address specified in the request;

B. has not lapsed under &#xA7; 8.9A-515 with respect to all secured parties of
record; and

C. if the request so states, has lapsed under § 8.9A-515 and a record of which
is maintained by the filing office under § 8.9A-522 (a);

   2. the date and time of filing of each financing statement; and

   3. the information provided in each financing statement.

d. Medium for communicating information. &#8212; In complying with its duty
under subsection (c), the filing office may communicate information in any
medium or, in the alternative, may provide the requestor with a list of persons
that provide private record research services. However, if requested, the filing
office shall communicate information by issuing its written certificate.

e. Timeliness of filing office performance. &#8212; The filing office shall
perform the acts required by subsections (a) through (d) at the time and in the
manner prescribed by filing-office rule, but not later than five business days
after the filing office receives the request.

f. Public availability of records. &#8212; At least weekly, the State
Corporation Commission shall offer to sell or license to the public on a
nonexclusive basis, in bulk, copies of all records filed in it under this part,
in every medium from time to time available to the filing office.

HISTORY: 2000, c. 1007; 2002, c. 244.