Sec. 1. 11 MRSA §9-1525, sub-§(1), ¶(b), as amended by PL 2001, c. 286, §11, is further amended to read:

(b) Thirty dollars if the record is communicated in writing and consists of more than 2 pages; and

Sec. 2. 11 MRSA §9-1525, sub-§(1), ¶(c), as enacted by PL 1999, c. 699, Pt. A, §2 and affected by §4, is amended to read:

(c) Ten dollars if the record is communicated by another medium authorized by filing-office rule.; and

Sec. 3. 11 MRSA §9-1525, sub-§(1), ¶(d) is enacted to read:

(d)__Three dollars if the record is a termination statement as described in section 9-1513 and is communicated by another medium authorized by filing-office rule.

Sec. 4. 11 MRSA §9-1525, sub-§(2), ¶(a), as enacted by PL 1999, c. 699, Pt. A, §2 and affected by §4, is amended to read:

(a) Sixty dollars if the financing statement indicates that it is filed in connection with a public-finance transaction and if the record is communicated in writing.__Thirty dollars if the record is communicated by another medium authorized by filing-office rule; and

Sec. 5. 11 MRSA §9-1525, sub-§(2), ¶(b), as amended by PL 2001, c. 286, §12, is further amended to read:

(b) Forty dollars if the financing statement indicates that it is filed in connection with a manufactured-home transaction and if the record is communicated in writing. Twenty dollars if the record is communicated by another medium authorized by filing-office rule.

SUMMARY

This bill establishes new, lower fees for communicating certain records under the Uniform Commercial Code by an authorized method other than writing, such as transmitting electronically.