AN ANALYTICAL APPROACH TO DISCOVERING AND CURING INEFFECTIVE UCC FILINGS MATT CROCKETTt
I. INTRODUCTION........................................30 II. RULES...............................................32
A.
B.
DebtorName Rules..............................32 1. Single Search Rule ..................... ........... 32 2. Debtor's CorrectName.............. ........... 33 3. Standard Search Logic...................... ......... 36 Additional Rules.................. .............. 39 1. FilingLocation................. ............. 39 2. Trust Filings-CollateralHeld in Trust ............. 41 3. Estate Filings-Administeredby Personal Representative...............................41 4. Termination.................................42 5. CollateralDescription.........................42 6. Box Checking...............................42
III. ERROR TYPES....................
A.
B.
.....................
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Wrong Name Errors................ ............. 43 1. Registered OrganizationName Errors .............. 43 2. Individual Name Errors........................46 3. Trust Name Error.................. .......... 49 4. Estate Name Error................ ............ 49 5. UnregisteredOrganizationName Error... ...... 49 Non-DebtorName Errors................ .......... 50 1. Wrong State Error................ ............ 50 2. CollateralHeld in Trust Error.... ................ 50 3. PersonalRepresentativeError ................... 51 4. TerminationError................. ........... 51 5. CollateralDescriptionError........... .......... 51 6 Box Checking Error................................ 52
t Assistant Professor of Law, UNT Dallas College of Law; Of Counsel, Gardere Wynne Sewell LLP.
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