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This entry was published on 2014-09-22
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SECTION 9-210
Request for Accounting; Request Regarding List of Collateral or Statement of Account
Uniform Commercial Code (UCC) CHAPTER 38, ARTICLE 9, PART 2, SUBPART 2
Section 9--210. Request for Accounting; Request Regarding List of

Collateral or Statement of Account.

(a) Definitions in this section:

(1) "Request" means a record of a type described in paragraph

(2), (3), or (4).

(2) "Request for an accounting" means a record authenticated by a

debtor requesting that the recipient provide an accounting of

the unpaid obligations secured by collateral and reasonably

identifying the transaction or relationship that is the

subject of the request.

(3) "Request regarding a list of collateral" means a record

authenticated by a debtor requesting that the recipient

approve or correct a list of what the debtor believes to be

the collateral securing an obligation and reasonably

identifying the transaction or relationship that is the

subject of the request.

(4) "Request regarding a statement of account" means a record

authenticated by a debtor requesting that the recipient

approve or correct a statement indicating what the debtor

believes to be the aggregate amount of unpaid obligations

secured by collateral as of a specified date and reasonably

identifying the transaction or relationship that is the

subject of the request.

(b) Duty to respond to requests. Subject to subsections (c), (d), (e),
and (f), a secured party, other than a buyer of accounts, chattel paper,
payment intangibles, or promissory notes or a consignor, shall comply
with a request within 14 days after receipt:

(1) in the case of a request for an accounting, by authenticating

and sending to the debtor an accounting; and

(2) in the case of a request regarding a list of collateral or a

request regarding a statement of account, by authenticating

and sending to the debtor an approval or correction.

(c) Request regarding list of collateral; statement concerning type of
collateral. A secured party that claims a security interest in all of a
particular type of collateral owned by the debtor may comply with a
request regarding a list of collateral by sending to the debtor an
authenticated record including a statement to that effect within 14 days
after receipt.

(d) Request regarding list of collateral; no interest claimed. A
person that receives a request regarding a list of collateral, claims no
interest in the collateral when it receives the request, and claimed an
interest in the collateral at an earlier time shall comply with the
request within 14 days after receipt by sending to the debtor an
authenticated record:

(1) disclaiming any interest in the collateral; and

(2) if known to the recipient, providing the name and mailing

address of any assignee of or successor to the recipient's

interest in the collateral.

(e) Request for accounting or regarding statement of account; no
interest in obligation claimed. A person that receives a request for an
accounting or a request regarding a statement of account, claims no
interest in the obligations when it receives the request, and claimed an
interest in the obligations at an earlier time shall comply with the
request within 14 days after receipt by sending to the debtor an
authenticated record:

(1) disclaiming any interest in the obligations; and

(2) if known to the recipient, providing the name and mailing

address of any assignee of or successor to the recipient's

interest in the obligations.

(f) Charges for responses. A debtor is entitled without charge to one
response to a request under this section during any six-month period.
The secured party may require payment of a charge not exceeding $25 for
each additional response.