CHAPTER 61

FORMERLY

HOUSE BILL NO. 196

AN ACT TO AMEND PART IV, ARTICLE 9, TITLE 5A OF THE DELAWARE CODE RELATING TO THE REQUIRED FILING FEES FOR SECURED TRANSACTIONS UNDER THE UNIFORM COMMERCIAL CODE.

Be it enacted by the General Assembly of the State of Delaware:

Section 1. Amend §9-403, Article 9, Title 5A of the Delaware Code, by striking the figure "$2" as the same appears in subsection (5), and substituting the figure "$5" in lieu thereof.

Section 2. Amend §9-404, Article 9, Title 5A of the Delaware Code, by striking the figure "$2" as the same appears in subsection (1) and subsection (3) of said section, and substituting the figure "$5" in lieu thereof.

Section 3. Amend §9-405, Article 9, Title 5A of the Delaware Code, by striking the figure "$2" as the same appears in subsection (1) and subsection (2) of said section, and substituting the figure "$5" in lieu thereof.

Section 4. Amend §9-406, Article 9, Title 5A of the Delaware Code, by striking the figure "$2" as the same appears at the end of said section, and substituting the figure "$5" in lieu thereof.

Section 5. Amend §9-407, Article 9, Title 5A of the Delaware Code, striking the words "$2 plus $1 for each financing statement and for each statement of assignment reported therein" as the same appear in subsection (2), and substituting the words "five dollars ($5.00) " in lieu thereof.

Section 6. Amend §9-407, Article 9, Title 5A of the Delaware Code, by striking the figure "$1.50" as the same appears in subsection (2) of said section, and substituting the figure "$2.00" in lieu thereof.

Approved May 81, 1973.