Section 10-2B-1.23 Effective time and date of document.

Section 10-2B-1.23

Effective time and date of document.

REPEALED IN THE 2009 REGULAR SESSION BY ACT 2009-513, EFFECTIVE JANUARY 1, 2011. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT.

(a) Except as provided in subsection (b) and Section 10-2B-1.24(c), a document accepted for filing is effective:

(1) At the time of filing on the date it is filed, as evidenced by the probate judge's or the Secretary of State's date and time endorsement on the original document; or

(2) At the time specified in the document as its effective time on the date it is filed.

(b) A document may specify a delayed effective time and date, and if it does so the document becomes effective at the time and date specified. If a delayed effective date but no time is specified, the document is effective at the close of business on that date. A delayed effective date for a document must not be later than the 90th day after the date it is filed.

(Acts 1994, No. 94-245, p. 343, §1.)