{"data":{"id":"us-ky/krs-355.9-516","jurisdiction":"us-ky","citation":"KRS 355.9-516","heading":"What constitutes filing -- Effectiveness of filing.","body":"(1) Except as otherwise provided in subsection (2) of this section, communication of a\nrecord to a filing office and tender of the filing fee or acceptance of the record by\nthe filing office constitutes filing.\n(2) Filing does not occur with respect to a recor d that a filing office refuses to accept\nbecause:\n(a) The record is not communicated by a method or medium of communication\nauthorized by the filing office;\n(b) An amount equal to or greater than the applicable filing fee is not tendered;\n(c) The filing office is unable to index the record because:\n1. In the case of an initial financing statement, the record does not provide\na name for the debtor;\n2. In the case of an amendment or information statement, the record:\na. Does not identify the initial financing  statement as required by\nKRS 355.9-512 or 355.9-518, as applicable; or\nb. Identifies an initial financing statement whose effectiveness has\nlapsed under KRS 355.9-515;\n3. In the case of an initial financing statement that provides the name of a\ndebtor identified as an individual or an amendment that provides a name\nof a debtor identified as an individual which was not previously\nprovided in the financing statement to which the record relates, the\nrecord does not identify the debtor's surname; or\n4. In the case of a record filed in the filing office described in KRS 355.9 -\n501(1)(a), the record does not provide a sufficient description of the real\nproperty to which it relates;\n(d) In the case of an initial financing statement or an amendment that adds a\nsecured party of record, the record does not provide a name and mailing\naddress for the secured party of record;\n(e) In the case of an initial financing statement or an amendment that provides a\nname of a debtor which was not previously provided in the financing\nstatement to which the amendment relates, the record does not:\n1. Provide a mailing address for the debtor; or\n2. Indicate whether the debtor is an individual or an organization;\n(f) In the case of an assignment reflected in an initial financing statement under\nKRS 355.9-514(1) or an amendment filed under KRS 355.9-514(2), the record\ndoes not provide a name and mailing address for the assignee; or\n(g) In the case of a continuation statement,  the record is not filed within the six\n(6) month period prescribed by KRS 355.9-515(4).\n(3) For purposes of subsection (2) of this section:\n(a) A record does not provide information if the filing office is unable to read or\ndecipher the information; and\n(b) A record that does not indicate that it is an amendment or identify an initial\nfinancing statement to which it relates, as required by KRS 355.9 -512, 355.9-\n514, or 355.9-518, is an initial financing statement.\n(4) A record that is communicated to the fi ling office with tender of the filing fee, but\nwhich the filing office refuses to accept for a reason other than one set forth in\nsubsection (2) of this section, is effective as a filed record except as against a\npurchaser of the collateral which gives val ue in reasonable reliance upon the\nabsence of the record from the files.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=40685","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:58:48Z","sha256":"be5f2ebe09755586ac8d14fa372e17afe900c7930f18e2f024a56c41192ef72b","source_id":"us-ky","stale":false,"prev":"us-ky/krs-355.9-515","next":"us-ky/krs-355.9-516a"},"notice":"GroundRules: Original legal text. Not legal advice."}