Section 9--516. What Constitutes Filing; Effectiveness of Filing.
    (a) What   constitutes   filing.   Except  as  otherwise  provided  in
  subsection (b), communication of a record to a filing office and  tender
  of  the  filing  fee  or  acceptance  of the record by the filing office
  constitutes filing.
    (b) Refusal to accept record; filing does not occur. Filing  does  not
  occur  with  respect  to a record that a filing office refuses to accept
  because:
         (1) the record is not communicated  by  a  method  or  medium  of
             communication authorized by the filing office;
         (2) an  amount equal to or greater than the applicable filing fee
             is not tendered;
         (3) the filing office is unable to index the record because:
             (A) in the case of an initial financing statement, the record
                 does not provide a name for the debtor;
             (B) in the case of an amendment or correction statement,  the
                 record:
                 (i) does  not identify the initial financing statement as
                     required by Section 9--512 or 9--518, as  applicable;
                     or
                 (ii) identifies  an  initial  financing  statement  whose
                      effectiveness has lapsed under Section 9--515;
             (C) in the  case  of  an  initial  financing  statement  that
                 provides the name of a debtor identified as an individual
                 or  an  amendment  that  provides  a  name  of  a  debtor
                 identified as an  individual  which  was  not  previously
                 provided  in  the financing statement to which the record
                 relates, the record does not identify the  debtor's  last
                 name; or
             (D) in  the  case  of  a  record  filed  in the filing office
                 described in Section 9--501 (a) (1), the record does  not
                 provide  a sufficient description of the real property to
                 which it relates;
         (4) in the case of an initial financing statement or an amendment
             that adds a secured party of  record,  the  record  does  not
             provide  a  name and mailing address for the secured party of
             record;
         (5) in the case of an initial financing statement or an amendment
             that provides a name of a debtor  which  was  not  previously
             provided  in  the  financing statement to which the amendment
             relates, the record does not:
             (A) provide a mailing address for the debtor; or
             (B) indicate whether  the  debtor  is  an  individual  or  an
                 organization;
             (C) if  the  financing statement indicates that the debtor is
                 an organization, provide:
                 (i) a type of organization for the debtor, or
                 (ii) a jurisdiction of organization for the debtor; or
         (6) in  the  case  of  an  assignment  reflected  in  an  initial
             financing  statement  under Section 9--514(a) or an amendment
             filed under Section 9--514(b), the record does not provide  a
             name and mailing address for the assignee; or
         (7) in  the  case  of a continuation statement, the record is not
             filed within  the  six-month  period  prescribed  by  Section
             9--515(d).
    (c) Rules  applicable  to  subsection  (b). For purposes of subsection
  (b):

         (1) a record does not provide information if the filing office is
             unable to read or decipher the information; and
         (2) a  record  that  does not indicate that it is an amendment or
             identify an initial financing statement to which it  relates,
             as  required  by  Section  9--512,  9--514,  or 9--518, is an
             initial financing statement.
    (d) Refusal to accept record; record  effective  as  filed  record.  A
  record  that  is  communicated  to  the filing office with tender of the
  filing fee, but which the filing office refuses to accept for  a  reason
  other  than  one  set  forth  in subsection (b), is effective as a filed
  record except as against a purchaser of the collateral which gives value
  in reasonable reliance upon the absence of the record from the files.
    (e) Special  rule  for  cooperative  interests;  record  effective  as
  notice.    A  filing  that  includes  a  cooperative addendum covering a
  cooperative interest constitutes notice of the existence of the security
  interest in the cooperative interest as of the date of the filing of the
  cooperative addendum, except as against a purchaser  of  the  collateral
  which  gives value in reasonable reliance upon the absence of the record
  from the files.