UCC Document Community

UPDATE: Just wanted to follow up since this thread helped me figure out what to ask. Called my lender this morning and you were all right - it was a miscommunication. They needed a standard UCC debtor search in New Jersey, not some mysterious 'UCC 11' form. Apparently their loan processor was new and mixed up their internal checklist numbers with UCC form numbers. Got the search done through the NJ portal in about 10 minutes. Thanks everyone for the reality check!

Great update Carmen! This is such a perfect example of why we shouldn't assume we're the ones who don't understand something when lenders use confusing terminology. I've seen this happen so many times - loan processors mixing up internal reference numbers with actual UCC form designations. It's frustrating but at least now you know for future reference. The New Jersey UCC portal really is straightforward once you know what you're actually looking for. Hope your closing goes smoothly!

The bottom line is you need to be 100% certain about the debtor name before filing that continuation. CT doesn't give you much wiggle room on name matching. Get the current charter, compare it to your existing UCC-1, and if there's any doubt, consult with someone who specializes in UCC filings.

I've handled similar Connecticut UCC name verification issues before. One thing I'd add to the great advice already given - when you pull that UCC search by filing number, also check if there were any amendments filed after your original UCC-1. Sometimes intermediate amendments can change how the debtor name appears in the system, which could affect what you need to match for your continuation. Also, CT allows you to call their UCC division directly if you have questions about specific filings - they're usually pretty helpful about clarifying name matching requirements for your particular situation. Given the loan size you mentioned, it might be worth that phone call for peace of mind.

sounds like everyone's pretty confident about the addendum approach. I'd probably run it through one of those document checkers just to be extra sure everything lines up before filing, especially with your tight deadline.

Thanks everyone for the detailed advice! This is really helpful. Based on what you've all shared, I'm going to go with the addendum approach using formal reference language like "See Schedule A attached hereto and incorporated herein" in the collateral description box. I'll make sure to include specific addresses for each location's equipment as Giovanni suggested, and I think I'll run it through one of those document verification tools before submitting to catch any formatting inconsistencies. Really appreciate the quick responses - this community is incredibly helpful for navigating these filing requirements!

UPDATE: I used Certana to check my documents and found the real issue - there was a middle initial discrepancy between our debtor name on the UCC-1 and the actual business registration. Had nothing to do with 1-201(b)(35) at all. Sometimes you just need fresh eyes on the documents.

I'm new here but dealing with a very similar situation! Reading through this thread has been incredibly helpful - I was also getting stuck on UCC 1-201(b)(35) thinking it directly impacted my collateral description format. Sounds like I should step back and check the basic filing elements first (debtor names, addresses, etc.) before assuming it's a definitional compliance issue. Has anyone found a good checklist for the most common UCC-1 rejection reasons? I don't want to make the same mistake of overthinking the complex stuff while missing something simple.

Update us when you get this resolved! I'm dealing with some Florida UCC issues myself and want to know what solution works.

This is a perfect example of why I always recommend running a verification search immediately after filing any UCC document. Florida's system has definitely had its share of data integrity issues over the years. One thing that might help speed up your resolution - when you contact the Florida SOS filing office, ask them to pull the actual image of your original UCC-1 submission. If there's a discrepancy between what you submitted and what's in their database, that image will be your proof that it was a processing error on their end. Also, make sure to get a written acknowledgment from them about the error before you file your UCC-3 amendment - it could save you headaches later if there are any questions about the timeline or validity of your security interest.