- (1) For purposes of these rules, an "organization debtor name" is any name provided as a debtor name in a UCC record in a format that identifies the name as that of a debtor who is an organization, without regard to the nature or character of the name or to the nature or character of the actual debtor.
- (2) Organization debtor names are stored in files that include only organization debtor names and not individual debtor names. A single field is used to store an organization debtor name.
(3)(a) The organization debtor name field in the UCC information management system is fixed in length.
- (b) The maximum length is 500 characters.
- (c) Although filers should continue to provide full names on their UCC records, a name that exceeds the fixed length is entered as presented to the filing office, up to the maximum length of the organization debtor name field.
KEY: banking, equipment leasing, filing documents
Date of Last Change: September 21, 2022
Notice of Continuation: November 12, 2025
Authorizing, and Implemented or Interpreted Law: 70A-9a et seq.