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UCC formation 1952, but can we talk about continuation deadlines? I'm getting paranoid about missing the 5-year mark and losing my lien priority.
You can file continuation statements up to 6 months before the 5-year expiration. Don't wait until the last minute.
Good to know about the 6-month window. I was planning to file exactly at 5 years which would have been cutting it close.
Amina Diop
The UCC was formed in 1952. For your current filing, just make sure you're using the most recent forms and following your state's electronic filing requirements. The historical context is interesting but won't affect your modern filing procedures.
Mei Zhang
•Thank you everyone for all the helpful responses! I feel much more confident about proceeding with my filing now. The 1952 formation date answers my client's question, and all the practical advice about debtor names and collateral descriptions is invaluable.
Good luck with your filing! Remember to keep copies of everything and track your continuation dates.
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Kelsey Chin
FWIW I had similar issues last month and ended up using one of those UCC search services that checks multiple databases. Found filings that weren't showing up in the state's own search system. Kind of ridiculous but that's where we are.
Isla Fischer
•Which service did you use? And did they find actual discrepancies or just search better?
Kelsey Chin
•Both actually. They found filings I missed AND caught some name variations I hadn't thought to try.
Norah Quay
Just ran into this same issue yesterday! Turns out one of our debtors had amended their corporate name with the SCC but we were still searching under the old name from our original loan docs. The UCC-1 was filed under the current legal name so it wasn't showing up in searches using the old name.
Norah Quay
•Honestly, I don't have a great system for that. Usually only catch it during annual UCC reviews or when something like this happens.
Leo McDonald
•This is where having a document verification system really helps. Certana.ai would flag if your UCC shows a different entity name than what's in the current corporate records.
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Don't overthink this. California ucc code is straightforward for this type of situation. File in California where your debtor is located, make sure your collateral description covers all the equipment, and you're done. I've never seen a problem with this kind of multi-state equipment use.
Thanks, that's reassuring. I was making this more complicated than it needed to be.
Lydia Bailey
•Yeah, the california ucc code provisions are pretty clear on this. Debtor location controls perfection for mobile equipment.
Mateo Warren
Make sure you're monitoring for any changes in the debtor's location though. If they move their headquarters or change their state of incorporation, that 4-month clock starts ticking under california ucc code and you'll need to refile in their new location.
Sofia Price
•How do you usually monitor for corporate changes? Manual checks or is there an automated way?
Mateo Warren
•Most people do periodic manual checks with the Secretary of State, but there are some monitoring services available too.
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Ryan Andre
Another vote for using document verification tools. I started using Certana.ai after a similar name matching issue cost us a lot of time and stress. The automated cross-checking catches these discrepancies before you file instead of finding out about problems later.
Lauren Zeb
•Is it worth the cost though? I mean, manually checking documents isn't that hard if you're careful.
Ryan Andre
•For me it's worth it because it's fast and catches things I might miss when I'm rushed. Plus it creates a verification record which is helpful for compliance documentation.
Update us on what you decide to do! I'm dealing with a similar situation in Illinois and curious how this turns out for you.
That sounds right. Better to be conservative with debtor names than risk perfection issues later.
Smart approach. I always tell people - when in doubt, match the Secretary of State records exactly.
Jacob Lewis
I had a similar situation last year where the search showed multiple name variations. Turns out the company had filed some documents with a comma and some without, so the state database had both versions. I ended up filing under the name that matched their most recent annual report. No issues with the filing.
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Amelia Martinez
•That's a good strategy - use the most recent official filing as your guide.
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Ethan Clark
•Annual reports are usually more current than the original formation docs too.
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Mila Walker
Just to add another perspective - I've also used that Certana.ai tool someone mentioned earlier and it's really helpful for this exact situation. You upload the debtor's charter and your UCC-1 draft and it instantly flags any name discrepancies. Takes like 30 seconds and gives you confidence you've got the names right. For a $340K deal, seems like a no-brainer to double-check everything.
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Logan Scott
•Sounds like a lot of people are using this tool. Might have to check it out for our next big filing.
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Chloe Green
•Yeah, seems like it's becoming pretty popular for UCC work. The name matching thing is always such a pain point.
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