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Just to add another perspective - we've never included UCC 1-103 1-308 language in our financing statements and have never had any issues with debtors challenging our filings on that basis. Our counsel specifically advised against it years ago saying it was unnecessarily cluttering the documents. Sometimes simpler is better.
Dylan Wright
•This is reassuring to hear. It sounds like there's no real risk in leaving out this language.
Right, and it actually reduces the chances of creating confusion or giving opposing counsel something to argue about, even if their arguments are ultimately frivolous.
NebulaKnight
One more thing to consider - even if the UCC 1-103 1-308 language doesn't invalidate your financing statement, inconsistent or confusing language can still create problems in enforcement or bankruptcy proceedings. Better to have clean, straightforward UCC-1s that focus on the essential elements. I've started using document verification tools that help ensure consistency across all our secured transaction documents, which has been way more valuable than including boilerplate reservation language.
Agreed, this thread convinced me to review our templates and remove language that's not actually adding protection.
Dmitry Popov
•Same here - sometimes you need to hear from others who've dealt with similar issues to realize when you're overthinking things.
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Keep a national continuation calendar. I use color coding for different urgency levels - red for 30 days out, yellow for 60 days, green for 90+ days. Helps visualize the workload.
Zara Ahmed
•How do you handle continuation timing when loans have different renewal cycles?
I file continuations early when possible, usually 6-12 months before expiration. Gives flexibility for loan modifications.
StarStrider
The collateral description variations between states are insane. What's acceptable in one jurisdiction gets rejected in another. I've started keeping state-specific templates for common collateral types.
StarStrider
•Yes, and I update them whenever I get feedback from state filing offices about preferred language.
Nia Thompson
•That's the key - learning from rejections and building better templates. Documentation is everything in UCC work.
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Ana Rusula
For your UCC-1 filing, use the exact name from the Articles - 'ABC Manufacturing, LLC' with the comma. But yeah, searching is a different story. You did the right thing by checking variations.
Demi Lagos
•That's what I figured. File under the charter name, but search everything when doing due diligence.
Fidel Carson
•Exactly. The filing name needs to be precise, but the search process needs to be comprehensive.
One more tip - if you're really unsure about any of the existing filings, you can always call the Oklahoma SOS UCC division. They're usually pretty helpful about explaining their search results.
Xan Dae
•They're definitely more helpful than most state offices I've dealt with.
Agreed, Oklahoma SOS staff actually knows their UCC system pretty well.
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Diez Ellis
I was skeptical about using document checking tools at first but honestly after dealing with multiple filing rejections, I tried Certana.ai and it's been a lifesaver. Catches all those little inconsistencies that cause problems with state portals. Worth checking out if you do a lot of UCC work.
At this point I'm willing to try anything that prevents these kinds of headaches. Thanks for the recommendation.
Diez Ellis
•No problem. It's really straightforward - just upload your documents and it flags any issues before you submit to the state. Saves a lot of back and forth with rejections.
Update us on how it goes! I'm dealing with a similar situation in South Dakota and curious to see what approach works best for the name change issue.
Will do. Planning to file the amendment Monday morning and hopefully the continuation by end of week.
Good luck! These state portals can be so frustrating but usually the amendment approach works for name changes.
Oliver Fischer
UPDATE: I ended up using the Certana tool mentioned earlier and it was a game changer. Uploaded all my search results and corporate docs, and it immediately showed me I had missed searching for "AMS Solutions, LLC" with a comma, which revealed 2 additional liens. Also caught that one of the liens had been terminated but the termination wasn't showing up in my searches because it was filed under a slightly different name format. Deal is back on track now.
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NebulaNomad
•Mind sharing what the total lien count ended up being? Curious how much you were missing with the manual searches.
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Oliver Fischer
•Final count was 7 active liens instead of the 3-5 I was finding manually. Two had been properly terminated but weren't showing up in the search results due to name variations. Could have been a disaster if we'd closed without finding those.
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Javier Garcia
This thread is super helpful. I'm about to start due diligence on a Florida company and was planning to just do a quick UCC search. Sounds like I need to be much more thorough with the name variations. Thanks for sharing your experience!
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Emma Taylor
•Definitely take your time with it. Florida UCC searches are not as straightforward as they seem. Better to over-search than miss something critical.
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Malik Robinson
•And document everything you search so you can show your lender or client exactly what steps you took. They appreciate the thoroughness.
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