The primary data elements used in the UCC information management system are the following.
(1) Identification numbers.
- (A) Each original financing statement is identified by unique information assigned by the filing officer described in §95.101(8) of this title (relating to Definitions). Identification of the original financing statement is stamped on tangible UCC documents or otherwise permanently associated with the record maintained for UCC documents in the UCC information management system. A record is created in the information management system for each original financing statement and all information comprising such record is maintained in such system. Such record is identified by the same information assigned to the original financing statement.
- (B) A UCC document other than an original financing statement is identified by unique information assigned by the filing officer. In the information management system, records of all UCC documents other than original financing statements are linked to the record of the original financing statement to which the UCC documents relate.
- (2) Type of document. The type of UCC document from which data is transferred is identified in the information management system from information supplied by the remitter.
- (3) Filing date and filing time. The filing date and filing time of UCC documents are stored in the information management system. Calculation of the lapse date of an original financing statement is based upon the filing date.
- (4) Identification of parties. The names and addresses of debtors and secured parties are transferred from UCC documents to the UCC information management system using one or more data entry or transmittal techniques.
- (5) Status of parties. In the information management system, a record is created for each debtor and secured party for each financing statement. Each record of each debtor and secured party has a status of active or inactive as described in §§95.406 et seq. of this title (relating of UCC Information Management System).
- (6) Status of financing statement. In the information management system, each financing statement has a status of active, lapsed, terminated, or revoked.
- (7) Page count. The total number of pages in a UCC document is maintained in the information management system.
Source Note:The provisions of this §95.401 adopted to be effective November 1, 1998, 23 TexReg 9727.