California Governor signs Assembly Bill 1858: Individual Debtor Name Safe Harbor
UCC, Legislation, Due Diligence, Revised Article 9For those managing personal property transactions in California, it is important to understand and be prepared for recent legislation that has been passed to provide a safe harbor for proper entry of individual debtor names when filing and searching for UCC Financing Statements. Effective January 1, 2015, California will join the majority of states in adopting legislation which governs the proper name identification of individuals. This…READ MORE