{"id":128,"date":"2017-12-21T21:49:50","date_gmt":"2017-12-21T21:49:50","guid":{"rendered":"http:\/\/rod.co.robeson.nc.us?page_id=128"},"modified":"2017-12-21T21:50:51","modified_gmt":"2017-12-21T21:50:51","slug":"uniform-commercial-code","status":"publish","type":"page","link":"http:\/\/rod.co.robeson.nc.us\/?page_id=128","title":{"rendered":"Uniform Commercial Code"},"content":{"rendered":"\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
A UCC is a security agreement on personal property that is recorded to protect the lender’s, or secured party’s, investment.\u00a0 In a security agreement, a loan of money is secured by personal property as collateral, thereby giving the lender rights in the property.<\/td>\n<\/tr>\n
<\/td>\n<\/tr>\n
Revised Article 9 of General Statute 25, has been amended to reflect the following important changes, effective July 1,2001:<\/td>\n<\/tr>\n
<\/td>\n<\/tr>\n
Fixture Filings are recorded at the county level. There is no longer a separate index for UCCS; they are indexed in the Real Estate index only. Existing UCC files on record will be maintained until June 30, 2008.<\/td>\n<\/tr>\n
<\/td>\n<\/tr>\n
All other UCC filings are recorded with the office of the Secretary of State.<\/td>\n<\/tr>\n
<\/td>\n<\/tr>\n
National UCC forms are available at\u00a0the Secretary of State’s website\u00a0<\/a><\/td>\n<\/tr>\n
<\/td>\n<\/tr>\n
There are three primary types of UCC filings as described below:<\/td>\n<\/tr>\n
<\/td>\n<\/tr>\n
UCC-1:\u00a0 Initial Financing Statement<\/u><\/td>\n<\/tr>\n
\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
1.<\/td>\nMust identify Debtor’s name and address<\/td>\n<\/tr>\n
2.<\/td>\nMust indicate if Debtor is an individual or an organization.<\/td>\n<\/tr>\n
<\/td>\na.<\/td>\nIf identified as an individual, last name of Debtor must be provided.<\/td>\n<\/tr>\n
<\/td>\nb.<\/td>\nIf identified as an organization, the following information is required:<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n\u00a0\u00a0\u00a0 Type of organization<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n\u00a0\u00a0\u00a0 Jurisdiction of organization<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n\u00a0\u00a0\u00a0 Organization ID number or indication the Debtor has none<\/td>\n<\/tr>\n
3.<\/td>\nMust identify secured party’s name and address<\/td>\n<\/tr>\n
4.<\/td>\nDescription of Collateral\u00a0must be listed.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n
<\/td>\n<\/tr>\n
UCC-3:\u00a0 Financing Statement Amendment<\/u><\/td>\n<\/tr>\n
An amendment includes a Continuation, Assignment, Amendment, Termination and Release.<\/td>\n<\/tr>\n
\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
1.<\/td>\nAll financing statement Amendments must identify the initial file number (including the year) of the financing statement to which it relates.<\/td>\n<\/tr>\n
2.<\/td>\nAll financing statement Amendments must identify the financing statement for which effectiveness has lapsed when applicable.<\/td>\n<\/tr>\n
3.<\/td>\nContinuations must be filed within the six month window prior to lapse.<\/td>\n<\/tr>\n
4.<\/td>\nAssignments must provide a name and a mailing address for the assignee.<\/td>\n<\/tr>\n
5.<\/td>\nAmendments must indicate whether the new Debtor is an individual or an organization.<\/td>\n<\/tr>\n
<\/td>\na.<\/td>\nIf identified as an individual, last name of Debtor must be provided.<\/td>\n<\/tr>\n
<\/td>\nb.<\/td>\nIf identified as an organization, the following information is required:<\/td>\n<\/tr>\n
<\/td>\n\u00a0\u00a0\u00a0 Type of organization<\/td>\n<\/tr>\n
<\/td>\n\u00a0\u00a0\u00a0 Jurisdiction of organization<\/td>\n<\/tr>\n
<\/td>\n\u00a0\u00a0\u00a0 Organization ID number or indication the Debtor has none<\/td>\n<\/tr>\n
6.<\/td>\nAmendments must also provide a name and mailing address for the new secured party.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n
<\/td>\n<\/tr>\n
UCC-11:\u00a0 Request for Information or Copies<\/u><\/td>\n<\/tr>\n
The UCC-11 is a request on a particular debtor(s) that has any valid financing statements.<\/td>\n<\/tr>\n
\n\n\n\n\n\n\n\n\n
1.<\/td>\nAll requests must identify the debtor(s) name as requested to be researched.<\/td>\n<\/tr>\n
2.<\/td>\nMust indicate if debtor is an organization or individual.<\/td>\n<\/tr>\n
3.<\/td>\nMust indicate requestor’s name and address.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n
<\/td>\n<\/tr>\n
UCC Fees<\/u><\/td>\n<\/tr>\n
\n\n\n\n\n\n\n\n\n\n\n
UCC-1 and UCC-3 Amendment<\/td>\n$38.00<\/td>\n1-2 pages<\/td>\n<\/tr>\n
<\/td>\n$45.00<\/td>\n3-10 pages<\/td>\n<\/tr>\n
<\/td>\n$2.00<\/td>\neach additional over 10 pages<\/td>\n<\/tr>\n
<\/td>\n<\/tr>\n
UCC-11 Request<\/td>\n$30.00<\/td>\nper debtor name<\/td>\n<\/tr>\n
<\/td>\n<\/tr>\n
UCC Copy<\/td>\n$1.00<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n
Checks should be made payable to: Robeson County Register of Deeds.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

A UCC is a security agreement on personal property that is recorded to protect the lender’s, or secured party’s, investment.\u00a0 In a security agreement, a loan of money is secured by personal property as collateral, thereby giving the lender rights in the property. Revised Article 9 of General Statute 25, has been amended to reflect Read more about Uniform Commercial Code<\/span>[…]<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-128","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"http:\/\/rod.co.robeson.nc.us\/index.php?rest_route=\/wp\/v2\/pages\/128","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/rod.co.robeson.nc.us\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"http:\/\/rod.co.robeson.nc.us\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"http:\/\/rod.co.robeson.nc.us\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/rod.co.robeson.nc.us\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=128"}],"version-history":[{"count":1,"href":"http:\/\/rod.co.robeson.nc.us\/index.php?rest_route=\/wp\/v2\/pages\/128\/revisions"}],"predecessor-version":[{"id":129,"href":"http:\/\/rod.co.robeson.nc.us\/index.php?rest_route=\/wp\/v2\/pages\/128\/revisions\/129"}],"wp:attachment":[{"href":"http:\/\/rod.co.robeson.nc.us\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=128"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}