For the purpose of this rule, "entity" means a legal person who is not an individual under §95.402 of this title (relating to Names of Debtors Who Are Individuals), except the estate of a decedent. This rule applies to the name of an entity who is a secured party, or an assignee on a UCC document.
- (1) Single field. The names of entities are stored in files that includes only the names of entities and not the names of individuals. A single field is used to store an entity name.
- (2) Truncation--entity names. The business name field in the UCC database is fixed in length. The maximum length is 60 characters. Although filers should continue to provide full names on their UCC documents, a name that exceeds the fixed length is entered as presented to the filing officer, up to the maximum length of the data entry field.
Source Note:The provisions of this §95.403 adopted to be effective November 1, 1998, 23 TexReg 9727.