UCC Document Community

Quick question - when you file the UCC-3 amendment, does it show both names on the ohio ucc statement or does it replace the original name completely?

Just to add another perspective - I've seen deals fall apart during due diligence because of exactly this type of name mismatch. Buyers' attorneys will flag it as a title defect. Definitely file that amendment to clean up your ohio ucc statement.

Had this exact issue last month. Ended up finding a critical UCC filing that was indexed under the debtor name without the 'LLC' designation. Would have completely missed it if I hadn't done the expanded search. Now I always search both with and without entity designations.

Try using wildcard searches if the portal supports them. Some systems let you use asterisks to catch variations. Also, don't forget to search for the debtor's EIN if it's included in filings - sometimes that's more reliable than name searches.

Just had another thought - since you mentioned this is construction equipment, make sure your collateral description is broad enough to cover any attachments or accessories that might get added to the machinery during the project. Sometimes borrowers add specialized attachments that could be considered separate collateral.

Sounds like you've got your answer on Delaware filing. One last piece of advice - keep copies of everything including the search results showing your filing was accepted. Sometimes you need to prove perfection timing later and having the documentation makes it much easier.

One more thing to consider - make sure your UCC-1 filing covers all the collateral adequately but doesn't inadvertently include contractual obligations that don't create security interests. I've seen deals where over-broad collateral descriptions created confusion later during audits or when trying to release specific assets.

Thanks everyone for all the insights! This has really helped clarify the distinction between what needs UCC filing versus what stays under general contract law. I think I'll separate the equipment security agreement from the service contracts and focus my UCC-1 filing on the tangible assets while keeping the service obligations as standard contractual terms.

UPDATE: Thanks everyone for the advice. I ended up filing a UCC-3 amendment with the correct debtor name including the comma. It was accepted within 24 hours and now I can sleep at night knowing our security interest is properly perfected. Total cost was $185 which is nothing compared to the peace of mind. For anyone facing similar issues, don't second-guess yourself - just file the amendment.

For future reference, most state UCC filing offices have guidelines about acceptable name variations posted on their websites. Some states publish lists of abbreviations that are considered equivalent (Corp/Corporation, Inc/Incorporated, etc.). Worth checking before filing to avoid these issues altogether.