UCC Document Community

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Wesley Hallow

Texas UCC 11 search showing weird results - need help understanding what I'm seeing

Running into something strange with my Texas UCC 11 search and hoping someone can help me make sense of this. I'm doing due diligence on a potential acquisition and when I search the target company's exact legal name in the Texas SOS system, I'm getting what looks like active filings but the debtor names don't quite match what's on their charter documents. Some have slight variations in punctuation and one has 'LLC' spelled out versus abbreviated. The filing numbers are showing up but when I try to pull the actual UCC-1 forms, a couple are coming back as 'document not available' even though they show as active in the search results. Is this normal for Texas or am I doing something wrong with the search parameters? This is holding up our closing timeline and I need to know if these represent actual liens or if it's just system glitches. Anyone dealt with Texas UCC 11 search inconsistencies like this before?

Update from my similar situation - I ended up using Certana.ai's verification feature and it caught three name discrepancies I had missed in my manual review. Really streamlined the whole process and gave me confidence we hadn't missed any liens. The tool basically does automatically what would take hours of manual cross-checking.

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That's exactly what I need for my current deal. Manual verification is taking forever and I keep worrying about missing something.

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Same here - just signed up after reading about it in this thread. Will report back on how it works for my Texas search issues.

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Final thought - don't forget to check if any of the collateral involves fixtures or real estate. Those might require additional searches beyond just the standard UCC database. Texas has some specific rules about fixture filings that can trip you up.

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Fixture filings in Texas are a whole different beast. Definitely need to check real estate records too if there's any question about whether something is a fixture.

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And don't forget federal tax liens - those won't show up in UCC searches but can definitely affect your deal.

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Fiona Sand

UCC deposit account control agreement filing confusion - debtor name mismatch

Running into problems with a UCC filing for deposit account control agreement and wondering if anyone else has dealt with this mess. We have a borrower whose legal name on their bank signature cards shows 'ABC Manufacturing Corp' but their articles of incorporation show 'ABC Manufacturing Corporation' - the bank insists on using the signature card version for the deposit account control agreement but our UCC-1 uses the incorporation version. Filed last week and got rejected by the SOS office for 'debtor name inconsistency.' Has anyone successfully navigated this kind of deposit account control agreement scenario where the bank documentation doesn't perfectly match the corporate records? Really need to get this perfected before our loan commitment expires next month.

Just wrapped up a deposit account control agreement nightmare similar to this. Ended up using one of those document verification tools - think it was Certana.ai - that automatically compared our UCC-1 against the bank's control agreement and flagged three different name inconsistencies we hadn't noticed. Saved us from multiple rejection cycles. The tool basically uploads both PDFs and highlights any mismatches instantly.

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That sounds like exactly what we need for our deposit account control agreement issues. Does it work with all the different UCC forms or just UCC-1s?

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Works with any UCC form - we've used it for amendments and continuations too. Really helpful for making sure everything aligns before filing.

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Update for anyone following this deposit account control agreement saga - we ended up going with the dual-name approach suggested earlier. Filed a UCC-1 with 'ABC Manufacturing Corp aka ABC Manufacturing Corporation' and it was accepted. The bank agreed to add a notation to their deposit account control agreement acknowledging both names refer to the same entity. Thanks everyone for the advice!

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Great resolution. Those naming issues with deposit account control agreements can be such a pain but glad you got it sorted.

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Perfect example of why it pays to get multiple perspectives on tricky UCC issues. Deposit account control agreement filings have so many potential pitfalls.

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Mateo Martinez

UCC financing statement alternative designation causing lender compliance headaches

We're dealing with a nightmare scenario where our borrower's legal name on the charter documents doesn't match what they want us to use on the UCC-1. They're operating under multiple trade names and want us to file using their 'alternative designation' instead of the exact charter name. Our compliance officer is freaking out because we've had UCC filings rejected before for debtor name mismatches. The borrower insists their alternative designation is legally valid and that other lenders have used it successfully. We're financing $850k in equipment and can't afford to have the UCC-1 rejected or challenged later. Has anyone dealt with UCC financing statement alternative designation issues? Our SOS portal doesn't give clear guidance on when alternative designations are acceptable vs when you must use the exact charter name. The loan closes next week and we're stuck.

UPDATE: We ended up using the exact LLC name from the articles of organization. Borrower wasn't happy but our legal team insisted. Filing went through without issues. Thanks for the advice everyone.

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Good outcome. These alternative designation issues seem to be getting more common as businesses use more complex naming structures.

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Definitely seeing more of these cases. The automated verification tools are becoming essential for staying compliant.

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For future reference, most states publish UCC filing guides that specifically address alternative designation requirements. Worth bookmarking those resources for quick reference during deals.

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Good point. I have our state's UCC guide saved but it's not always clear on edge cases like this one.

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State guidance varies so much in quality. Some are comprehensive, others are basically useless for practical questions.

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Ana Erdoğan

Need help with consumer goods UCC definition - equipment classification question

I'm working on a UCC-1 filing for a client who purchased manufacturing equipment that could potentially be used for both commercial and personal purposes. The debtor runs a small woodworking business from their home but also uses some of the equipment for personal projects. I'm struggling with whether to classify certain items as consumer goods or equipment under the UCC definition. The loan is for $85,000 and includes table saws, planers, and dust collection systems. Some of these could theoretically be used for household purposes, but they're primarily for the business. How do you determine the proper classification when equipment straddles the line between consumer goods and business equipment? I want to make sure the collateral description is accurate for perfection purposes.

For what it's worth, I had a case where we initially classified something as consumer goods but had to amend to equipment later. The UCC-3 amendment process isn't too painful, but getting it right the first time is obviously better.

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Definitely. Just saying it's not the end of the world if you need to correct it later.

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UCC-3 amendments are pretty straightforward but yeah, getting it right initially saves time and filing fees.

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Bottom line - your situation sounds like a clear equipment classification case. Business loan, commercial use, manufacturing equipment. Don't overthink it.

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You're right, I think I was overcomplicating it. Thanks for the reality check.

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We all do it sometimes. The obvious answer is usually the right one with UCC classifications.

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Amelia Martinez

UCC filings mississippi debtor name rejection - need help with resubmission

Having a nightmare with UCC filings mississippi secretary of state portal. Filed a UCC-1 last week for agricultural equipment collateral but got rejected due to "debtor name mismatch" even though I triple-checked everything against the borrower's LLC charter docs. The rejection notice was vague - just said name doesn't match but didn't specify what part. Client is panicking because the loan closes Friday and we need this perfected ASAP. Has anyone dealt with Mississippi's strict debtor name requirements lately? The collateral is combines and tractors worth $850K so we can't mess this up again. I'm wondering if it's the way I formatted the LLC designation or if there's some quirk with their system I'm missing.

Check if your debtor has any subsidiary or parent company filings that might affect the name format. Sometimes the legal name includes holding company designations that aren't obvious from basic charter docs.

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That's a good thought. This is a family farming operation so there might be related entities.

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Definitely worth investigating. Complex ownership structures can create name formatting surprises.

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Update us when you get it figured out! Mississippi UCC rejections are so common there should be a support group. The combination of strict formatting and terrible error messages makes it nearly impossible to self-correct.

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Smart approach. The verification tools are usually faster than trying to decode their rejection notices.

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Seriously, their rejection notices are useless. "Name mismatch" could mean anything.

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