The 2013 UCC Revised Article 9 Amendments Are Almost Here – Have no Fear! Part Three: Naming a Registered Businesses as a Debtor
UCC, Revised Article 9 Something
Some regular readers of the blog have mentioned that they are feeling a bit apprehensive about the changes to Revised Article 9. In response, FCS has started a blog series to break down the major points of the amendments and help eliminate some of the anxiety UCC filers may be experiencing.
This week’s topic is UCC Section 9-503(a)(1) which involves how to properly list a registered business as a debtor.
UCC Section 9-503(a) (1):… >> READ MORE
The 2013 UCC Revised Article 9 Amendments Are Almost Here – Have no Fear! Part Six: New UCC1 Financing Statement and UCC3 Change Statement Forms
UCC, Revised Article 9 Something
The 2010 amendments to Revised Article 9 of the Uniform Commercial Code (RA9) are set to go into effect in only a few short months. Some FCS customers and regular readers of our blog have expressed apprehension about the impending changes and have requested additional information. In response, FCS has started a blog series to break down the major points of the 2010 amendments and help eliminate some of the anxiety UCC filers may be feeling… >> READ MORE
The 2013 UCC Revised Article 9 Amendments Are Almost Here – Have no Fear! Part Five: Naming an Individual as a Debtor, Options A and B Explored
UCC, Revised Article 9 Something
The 2013 amendments to Revised Article 9 of the Uniform Commercial Code (RA9) are set to go into effect in only a few short months. FCS has started a blog series to break down the major points of the 2010 amendments and help eliminate some of the anxiety UCC filers may be feeling about the changes.
Last week, we discussed what many consider the most welcome and most broadly applicable change included in the proposed amendments: changes… >> READ MORE
The 2013 UCC Revised Article 9 Amendments Are Almost Here – Have no Fear! Part Four: Naming an Individual as a Debtor
UCC, Revised Article 9 Something
The 2010 amendments to Revised Article 9 of the Uniform Commercial Code (RA9) are set to go into effect in only a few short months. Some regular readers of the blog have expressed apprehension about the changes and have requested additional information. In response, FCS started a blog series to break down the major points of the 2010 amendments to help eliminate some of the anxiety UCC filers may be feeling about the changes.
As we have… >> READ MORE
Why UCC3’s Are Not Found When Searched at the Local County Level?
UCC Something
Performing UCC searches at the state level is a relatively easy endeavor. The Uniform Commercial Code establishes filing officer responsibilities and filing rules and organizations such as the International Association of Commercial Administrators devise search protocols that are somewhat consistent across all states. Searching for UCC/Fixture Filings at the county level is a much more complex task. Due to some serious deficiencies, searchers… >> READ MORE
Wyoming Passes Legislation to Extend Term of UCC Financing Statement to Ten Years
UCC, Legislation Something
Last week, the Wyoming governor signed WY House Bill 3 into law. This piece of legislation, set to go into effect July 01, 2013, will extend the term of effectiveness for UCC Financing Statements filed in the state of Wyoming from five years to ten.
The change will not retroactively extend the term for existing UCC Financing Statements. All UCC Financing Statements filed before July 1, 2013 will retain their five year term while any UCC… >> READ MORE
First Corporate Solutions Revised Article 9 Amendments Resource Page is Now Live
UCC, Revised Article 9 Something
The 2010 amendments to Revised Article 9 of the Uniform Commercial Code (RA9) are set to go into effect in only a few short months. Some FCS customers and regular readers of our blog have expressed apprehension about the impending changes and have requested additional information. In response, FCS has created a resource page as a one-stop shop to answer all of your RA9 amendment questions!
Visit our RA 9 Resources page here http://info.ficoso.com/ra9_resources … >> READ MORE
[Quiz] Test Your Revised Article 9 Amendments Knowledge
UCC Something
The 2010 Amendments to Revised Article 9 of the Uniform Commercial Code are set to go into effect later this year. Complete this short quiz to test your knowledge of the upcoming changes!
1. The amendments are set to go into effect on what date?
a. December 31, 2013
b. April 15, 2013
c. July 01, 2013
2. When 2010 the amendments go into effect, individual debtor names must be entered as the person’s name appears on their driver’s… >> READ MORE
[Quiz with Answers] Test Your Revised Article 9 Amendments Knowledge
UCC Something
The 2010 Amendments to Revised Article 9 of the Uniform Commercial Code are set to go into effect later this year. Complete this short quiz to test your knowledge of the upcoming changes!
1. The amendments are set to go into effect on what date?
a. December 31, 2013
b. April 15, 2013
c. July 01, 2013
2. When 2010 the amendments go into effect, individual debtor names must be entered as the person’s name appears on their driver’s… >> READ MORE
Which Monitoring Solution is Right For Factors & Asset-Based Lenders?
UCC, Lien Monitoring Something
Different loan types provide different risks and rewards. Once a UCC financing statement has been filed, different solutions are available to monitor collateral and assist secured parties in maintaining their perfected security interest. There are many lien types both voluntary and involuntary that, depending on jurisdiction, could potentially affect the perfected position, and Federal Tax liens are typically considered the most critical.… >> READ MORE
