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Note: Commerce is now known as Economic Development Law

RETRIEVE BILL
 
  Section 9--522. Maintenance and Destruction of Records.
    (a) Post-lapse  maintenance  and  retrieval of information. The filing
  office shall maintain a record of the information provided  in  a  filed
  financing statement for at least one year after the effectiveness of the
  financing  statement has lapsed under Section 9--515 with respect to all
  secured parties of record. The record must be retrievable by  using  the
  name of the debtor and:
         (1) if  the  record  was  filed in the filing office described in
             Section 9--501(a)(1), by using:
             (A) the  file  number  assigned  to  the  initial   financing
                 statement  to  which  the record relates and the date and
                 time that the record was filed; and
             (B) in  the  case  of  collateral  which  is  a   cooperative
                 interest,  the  real  property tax designation associated
                 with the real property in which the cooperative  unit  is
                 located  as  assigned  by  the  local  real  property tax
                 assessing authority; or
         (2) if the record was filed in the  filing  office  described  in
             Section  9--501(a)(2),  by  using the file number assigned to
             the initial financing statement to which the record relates.
    (b) Destruction of written  records.  Except  to  the  extent  that  a
  statute  governing disposition of public records provides otherwise, the
  filing office immediately may destroy any written  record  evidencing  a
  financing  statement.  However,  if the filing office destroys a written
  record, it shall maintain another  record  of  the  financing  statement
  which complies with subsection (a).

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