Section 1360-08-01-.08 - OVERPAYMENT AND UNDERPAYMENT(1) Overpayment. The filing officer shall refund the amount of an overpayment of ten dollars ($10) or more to the remitter. The filing officer shall refund an overpayment of less than ten dollars ($10) only upon the written request of the remitter.(2) Underpayment. Upon receipt of a UCC record with an insufficient fee and recording tax (if applicable), the filing officer shall return the UCC record to the remitter as provided in Rule 1360-08-02-.03. The underpayment may be included with the UCC record or delivered under separate cover.(3) Returned for Nonpayment. A filer whose payment is returned for nonpayment will have sixty (60) calendar days from the date of the returned payment to provide a valid cashier's check or money order to replace the nonpayment. Otherwise, all filings associated with the nonpayment will be voided.Tenn. Comp. R. & Regs. 1360-08-01-.08
Original rule filed October 23, 2000; effective January 6, 2001. Repeal and new rule filed March 19, 2013; effective June 17, 2013.Authority: T.C.A. §§ 4-5-202, 4-5-204, and 47-9-526 and 2012 Tenn. Pub. Acts Ch. 708.