CMP.2.10.050 Exceptions

Tribal UCC 9 Section CMP.2.10.010.501 shall read as follows:

(1) Unless otherwise provided by Tribal law, the office in which to file a financing statement to perfect any security interest is the office of the Secretary/Treasurer of the Tribe in all cases. The Secretary/Treasurer shall mark any security interests so filed with the date and time such security interest was received and maintain any such recorded interests in searchable files so that members of the public may reasonably research the priority of security interests with respect to any property subject to the Tribe's jurisdiction that has also been the subject of some financing statement filed with the Secretary/Treasurer.

(2) If the Secretary/Treasurer receives a financing statement under subsection (1) for filing, and any debtor identified on the financing statement is an individual, the Secretary/Treasurer shall provide written notice of the filing of the financing statement to that debtor. The Secretary/Treasurer shall determine the form of the written notice and the written notice shall contain at least all of the following information:

(a) The debtor's name and address as shown on the financing statement.

(b) The secured party's name and address as shown on the financing statement.

(c) The remedies available to the debtor under this act if he or she believes that the financing statement is erroneously or fraudulently filed.

(3) In addition to the written notice described in subsection (2), the Secretary/Treasurer shall provide at no charge to a debtor described in that subsection a copy or image of the filed financing statement and any attachments. If the debtor requests additional copies or searches, the fees provided in section 9525 apply to that request.

(4) A person shall not knowingly or intentionally file a false or fraudulent financing statement with the office of the Secretary/Treasurer under subsection (1). A violation of this subsection is punishable under Tribal law and/or other applicable laws.

Tribal UCC 9 §2.1001.612 shall read as follows:

A notification of disposition sent after default and 10 days or more before the earliest time of disposition set forth in the notification is sent within a reasonable time before the disposition.