Section 141 - Abandonment of filing before effectiveness(a) General rule.--A document in record form delivered to the department for filing may be abandoned before it takes effect by delivering to the department for filing a statement of abandonment.
(b) Requirements for statement of abandonment.--A statement of abandonment must:(1) be signed by a person with the authority to sign the statement; (2) identify the document to be abandoned; and(3) state that abandonment of the document has been validly approved.(c) Effect of statement of abandonment.--Upon filing by the department of a statement of abandonment, the action or transaction evidenced by the original document shall not take effect.Added by P.L. 2639 2014 No. 172, § 5, eff. 7/1/2015.