LD 2245
pg. 346
Page 345 of 493 An Act to Adopt the Model Revised Article 9 Secured Transactions Page 347 of 493
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LR 1087
Item 1

 
(b)__To the extent that the law of this State provides for
indexing a record of the assignment of a mortgage under the
name of the assignee, under the name of the assignee.

 
(6)__The filing office shall maintain a capability:

 
(a)__To retrieve a record by the name of the debtor and:

 
(i)__If the filing office is described in section 9-
1501, subsection (1), paragraph (a), by the file number
assigned to the initial financing statement to which
the record relates and the date and time that the
record was filed; or

 
(ii)__If the filing office is described in section 9-
1501, subsection (1), paragraph (b), by the file number
assigned to the initial financing statement to which
the record relates; and

 
(b)__To associate and retrieve with one another an initial
financing statement and each filed record relating to the
initial financing statement.

 
(7)__The filing office may not remove a debtor's name from the
index until one year after the effectiveness of a financing
statement naming the debtor lapses under section 9-1515 with
respect to all secured parties of record.

 
(8)__The filing office shall perform the acts required by
subsections (1) to (5) at the time and in the manner prescribed

 
by filing-office rule, but not later than 2 business days after
the filing office receives the record in question.

 
(9)__Subsections (2) and (8) do not apply to a filing office
described in section 9-1501, subsection (1), paragraph (a).

 
Official Comment

 
1. Source. Former Sections 9-403(4), (7), 9-405(2).

 
2. Filing Office's Duties. Subsections (a) through (e)
[Maine cite subsections (1) through (5)] set forth the duties of
the filing office with respect to filed records. Subsection (h),
which is new, imposes a minimum standard of performance for those
duties. Prompt indexing is crucial to the effectiveness of any
filing system. An accepted but un-indexed record affords no
public notice. Subsection (f) [Maine cite subsection (6)]
requires the filing office to maintain appropriate storage and


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