SENATE AMENDMENT

    Bill No. CS for SB 1066

    Amendment No. ___   Barcode 600782

                            CHAMBER ACTION
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11  Senator Campbell moved the following amendment:

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13         Senate Amendment 

14         On page 8, line 24, through page 10, line 15, delete

15  those lines

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17  and insert:

18         Section 11.  Subsections (1) and (2) of section

19  679.516, Florida Statutes, are amended to read:

20         679.516  What constitutes filing; effectiveness of

21  filing.--

22         (1)  Except as otherwise provided in subsection (2),

23  communication of a record to a filing office and, tender of

24  the processing fee, or acceptance of the record by the filing

25  office constitutes filing.

26         (2)  Filing does not occur with respect to a record

27  that a filing office refuses to accept because:

28         (a)  The record is not communicated by a method or

29  medium of communication authorized by the filing office;

30         (b)  An amount equal to or greater than the applicable

31  processing fee is not tendered;

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                                                  SENATE AMENDMENT

    Bill No. CS for SB 1066

    Amendment No. ___   Barcode 600782





  1         (c)  The record does not include the notation required

  2  by s. 201.22 indicating that the excise tax required by

  3  chapter 201 had been paid or is not required;

  4         (c)(d)  The filing office is unable to index the record

  5  because:

  6         1.  In the case of an initial financing statement, the

  7  record does not provide an organization's name or, if an

  8  individual, the individual's last name and first name or

  9  initial;

10         2.  In the case of an amendment or correction

11  statement, the record:

12         a.  Does not correctly identify the initial financing

13  statement as required by s. 679.512 or s. 679.518, as

14  applicable; or

15         b.  Identifies an initial financing statement the

16  effectiveness of which has lapsed under s. 679.515;

17         3.  In the case of an initial financing statement that

18  provides the name of a debtor identified as an individual or

19  an amendment that provides a name of a debtor identified as an

20  individual which was not previously provided in the financing

21  statement to which the record relates, the record does not

22  identify the debtor's last name and first name or initial; or

23         4.  In the case of a record filed or recorded in the

24  filing office described in s. 679.5011(1)(a), the record does

25  not provide a sufficient description of the real property to

26  which it relates;

27         (d)(e)  In the case of an initial financing statement

28  or an amendment that adds a secured party of record, the

29  record does not provide an organization's name or, if an

30  individual, the individual's last name and first name or

31  initial and mailing address for the secured party of record;

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    8:40 AM   03/13/02                              s1066c1b-33b02




                                                  SENATE AMENDMENT

    Bill No. CS for SB 1066

    Amendment No. ___   Barcode 600782





  1         (e)(f)  In the case of an initial financing statement

  2  or an amendment that provides a name of a debtor which was not

  3  previously provided in the financing statement to which the

  4  amendment relates, the record does not:

  5         1.  Provide a mailing address for the debtor;

  6         2.  Indicate whether the debtor is an individual or an

  7  organization; or

  8         3.  If the financing statement indicates that the

  9  debtor is an organization, provide:

10         a.  A type of organization for the debtor;

11         b.  A jurisdiction of organization for the debtor; or

12         c.  An organizational identification number for the

13  debtor or indicate that the debtor has none;

14         (f)(g)  In the case of an assignment reflected in an

15  initial financing statement under s. 679.514(1) or an

16  amendment filed under s. 679.514(2), the record does not

17  provide an organization's name or, if an individual, the

18  individual's last name and first name or initial and mailing

19  address for the assignee;

20         (g)(h)  In the case of a continuation statement, the

21  record is not filed within the 6-month period prescribed by s.

22  679.515(4);

23         (h)(i)  In the case of an initial financing statement

24  or an amendment, which amendment requires the inclusion of a

25  collateral statement but the record does not provide any, the

26  record does not provide a statement of collateral; or

27         (i)  The record does not include the notation required

28  by s. 201.22 indicating that the excise tax required by

29  chapter 201 had been paid or is not required.

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