UCC Document Community

Make sure you're specific enough in the collateral description but not so specific that it becomes limiting. 'Manufacturing equipment' might be too broad, but listing every serial number might be too narrow.

Good point. I usually go with something like 'CNC machining equipment and related manufacturing tools, wherever located' to give some flexibility while being reasonably specific.

Will do. Hopefully I'll have good news to report once we get the Certificate of Good Standing and can file with confidence.

Yes, please update! And maybe mention if you end up trying that Certana tool - sounds like it could be useful for future filings.

Smart move. These deals have too many moving parts to wing it, especially at that dollar amount.

Glad we could help. Feel free to follow up if you run into any specific issues during the documentation process.

I haven't used it for control agreements specifically, but I did use it recently to cross-check a complex equipment financing deal where we had multiple UCC-1 filings across different states. It definitely caught some collateral description inconsistencies that could have been problematic.

In my experience, it's most valuable for catching the basic consistency issues - debtor name variations, conflicting collateral descriptions, missing cross-references between documents. For the substantive legal analysis of whether your control agreement actually achieves perfection under Article 9, you still need experienced counsel.

How long did it take to get results from their system?

Pretty much instant. You just upload your search result PDFs and it analyzes them right away. Found the issue within minutes of uploading.

Will do! Planning to call the SOS office first thing tomorrow and also try some of the other suggestions from this thread.

Same here, following this thread. Montana is one of my regular states and any insights would be helpful.

Two people have mentioned this tool now - seems like it might be worth trying. Better than doing all this manual checking.

I was skeptical at first but the document verification really does save time. Especially when you're dealing with corporation records from one state and filing UCCs in another.

Will definitely update once I get it resolved. This thread has given me several good leads to try.

Same here - dealing with corporation records and UCC name matching is always a headache.

This is why I always keep copies of everything. Original UCC-1, any amendments, and the final termination. Full paper trail in case questions come up later.

The Certana.ai verification tool I mentioned earlier creates a report showing all the comparisons it made. Great for documentation that you verified everything matched before filing.

Good point. Corporate mergers, name changes, etc. can complicate the termination process. Sometimes you need documentation of the entity changes along with the UCC-3.

Thanks everyone. I'm going to pull the official record, verify exact name matching, and double-check there weren't any amendments. This has been really helpful.