Wyo. Code R. 002-0001-1
Effective Date: 06/18/2002 to 06/26/2013
Rule Type: Superceded Rules & Regulations
Reference Number: 002.0001.1.06182002
Section 1. Authority. The Secretary of State, pursuant to W.S. 34.1-9-526 is authorized to promulgate rules and regulations to implement the Uniform Commercial Code Article 9 Revisions and to set the filing fees under the Act.
Section 2. Purpose. These rules are adopted to promote the uniform administration of Article 9 of the Uniform Commercial Code.
(a) 'Amendment' means a UCC record that amends the information contained in a financing statement. Amendments include assignments, continuations and terminations.
(b) 'Assignment' is an amendment that assigns all or a part of a secured party's power to authorize an amendment to a financing statement.
(c) 'Continuation statement' shall have the meaning prescribed by W. S. 34.1-9-102(a)(xxvii).
(d) 'Correction statement' means a UCC record that indicates that a financing statement is inaccurate or wrongfully filed.
(e) 'File Number' shall have the meaning prescribed by W.S. 34.1-9-519.
(f) 'Filing office' means an office designated in section 34.1-9-501 as the place to file a financing statement.
(g) 'Filing officer correction statement' means a statement of correction entered into the filing office's information system to correct an error by the filing office.
(h) 'Financing statement' shall have the meaning prescribed by W.S. 34.1-9-102(a)(xxxix).
(i) 'Individual' means a human being, or a decedent in the case of a debtor that is a decedent's estate.
(j) 'Initial financing statement' means a UCC record containing the information required to be in an initial financing statement and that causes the filing office to establish the initial record of existence of a financing statement.
(k) 'Organization' means a legal business entity who is not an individual.
(l) 'Remitter' means a person who tenders a UCC record to the filing officer for filing, whether the person is a filer or an agent of a filer responsible for tendering the record for filing. 'Remitter' does not include a person responsible merely for the delivery of the record to the filing office, such as the postal service or a courier service, but does include a service provider who acts as a filer's representative in the filing process.
(m) 'Secured party' shall have the meaning prescribed by W.S. 34.1-9-102(a)(lxxv).
(n) 'Termination statement' shall have the meaning prescribed by W.S. 34.1-9-102(a) (lxxxii).
(o) 'UCC' means W.S 34.1-9-101 through W.S. 34.1-9-709.
(p) 'UCC record' means an initial financing statement, an amendment, an assignment, a continuation, a termination or a correction statement.
(a) The fee is $5 for filing a termination statement which terminates an initial financing statement filed prior to July 1, 2001.
(b) The fee is $20 for filing an initial financing statement and a termination statement on or after July 1, 2001. The initial fee of $20 includes $15 for the initial financing statement and $5 for the termination statement. The fee is $35 if there are more than two pages.
(c) The fee is $15 for filing an amendment, continuation, assignment or correction statement of one or two pages communicated on paper including faxes. If there are more than two pages, the fee is $30.
(d) The fee is $10 per name for a UCC search.
(e) The fee is 50 cents per page for a copy of a UCC record.
(a) The fee is $10.00 for an initial financing statement. The initial fee of $10 includes the termination fee.
(b) The fee is $7.50 for filing an amendment, continuation, or assignment. Other than one debtor or one secured party change per filing number per electronic filing session, multiple amendments may be made.
(c) For filing a termination statement on a filing filed prior to July 1, 2001, there is no fee.
(d) The fee is $0.00 per name for a UCC search. (e) The fee is $150.00 annually for the Internet Filing Service (up to 10 users). (f) The fee is $2,000 annually for the Internet Download Service.
Acceptable forms include forms prescribed by W.S. 34.1-9-521 and the International Association of Corporation Administrator (IACA) forms which are available through the Wyoming Secretary of State's website at: http://soswy.state.wy.us/uniform/forms.htm.