7-17-10  Deadline to refuse filing. (a)
Whether reason exists to refuse a UCC record for
filing shall be determined by the secretary of state
not later than the second business day after re-
ceipt. An accepted UCC record shall be indexed
by the secretary of state within the same time
period.

 (b) If the secretary of state finds grounds under
K.S.A. 84-9-516, and amendments thereto, to re-
fuse a UCC record, the record, if written, shall be
returned by the secretary of state to the remitter,
and the filing fee may be refunded. A notice that
contains the date and time the record would have
been filed had it been accepted for filing shall be
sent by the secretary of state, unless the date and
time are stamped on the record. This notice shall
include a brief description of the reason for re-
fusal to accept the record. The notice shall be sent
to a secured party or the remitter no later than
the second business day after the determination
to refuse acceptance of the record. A refund may
be delivered with the notice or under separate
cover. (Authorized by L. 2000, Ch. 142, § 97; im-
plementing L. 2000, Ch. 142, § § 87, 91; effective
Oct. 12, 2001.)