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This thread is making me nervous about my own Colorado filings. Going to double-check everything now to make sure our UCC search reports are actually complete.
Smart move. Better to be paranoid about lien searches than miss something important.
Exactly. Missing a prior lien because of search system problems could be catastrophic for a secured lender.
For what it's worth, I ended up calling Colorado SOS UCC department at 303-894-2200 and they were able to confirm my filing over the phone while their search system was acting up. Might be worth trying if you need immediate verification.
Good idea. Sometimes the old-fashioned phone call is more reliable than their online systems.
Just make sure to get the name and confirmation number of whoever you speak with for your records.
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One more thing to consider - if your supporting obligations include things like accounts receivable from maintenance contracts or insurance proceeds, those might need separate treatment as proceeds rather than supporting obligations. The classification can affect perfection requirements.
Insurance proceeds are typically covered under proceeds provisions rather than supporting obligations. Most standard UCC filings include proceeds language that would cover insurance payments automatically.
Yes, proceeds are usually covered separately. Your UCC should have language like 'together with all proceeds, products, and accessions thereof' which would pick up insurance money.
Thanks everyone for this discussion. I feel much more confident about handling supporting obligations in my UCC filings now. Going to revise my standard forms to be more explicit about these types of obligations.
Glad this was helpful! If you're revising your standard forms, definitely consider using a document verification tool like Certana.ai to double-check that your new language properly aligns with your security agreements. It's saved me from several potential perfection gaps.
Great suggestion. I'm definitely going to look into that verification tool before I file this UCC. Better to catch any issues upfront than deal with problems later.
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Been there! Last time I had this problem I ended up using that Certana verification tool someone mentioned earlier. Uploaded the company's articles of incorporation and a few old contracts that had name variations, and it flagged some potential matches I would have missed. Really took the guesswork out of whether I was being thorough enough with the name variations.
How does the document upload process work? Do you just scan in whatever corporate documents you have?
Yeah, you can upload PDFs of any documents that contain the company names - charter docs, old loan agreements, whatever you have. It extracts all the name variations and cross-checks them. Pretty straightforward.
Don't forget to check for any federal tax liens or state tax liens too while you're at it. Those databases sometimes have different name entries that could give you clues about variations the company has used over the years.
Good point - I was so focused on UCC filings I hadn't thought about using tax lien searches as a way to discover name variations.
Exactly, plus you want to know about those liens anyway for your due diligence. Two birds with one stone.
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Update on similar Vermont issue I had - ended up having to file amendment first, wait for confirmation, then file continuation. Took 3 weeks total but the lien stayed perfected. Vermont's pretty good about processing once you get the paperwork right.
Three weeks?? I don't have that much time before lapse. Did you do expedited processing?
No expedited option for amendments unfortunately. But if you file before lapse date you should be okay even if processing takes time.
For what it's worth, I've found Vermont SOS staff pretty helpful if you call and explain the situation. They can sometimes suggest the best approach for your specific filing issue. Worth a try before paying for multiple filings.
Their phone system is terrible though. Last time I called I was on hold for 45 minutes.
Try calling right when they open at 8am. Usually get through faster then.
Malik Robinson
Based on everything discussed here, it sounds like you need to file your continuation in Delaware since that's where the LLC is organized. UCC 9-901 law of the state determination should be straightforward for a registered organization. Don't overthink it.
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Dmitry Kuznetsov
•You're right. I think I was overcomplicating the UCC 9-901 analysis because of the mobile equipment aspect. Delaware LLC means Delaware filing requirements govern.
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Isabella Silva
•That's the right approach. Mobile equipment doesn't change the basic law of the state rule for registered organizations. File in Delaware and you should be fine.
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Ravi Choudhury
Thanks everyone for the UCC 9-901 law of the state guidance. I'm going to file the continuation in Delaware and look into that Certana.ai tool to double-check my documents before filing. This thread probably saved me from a major mistake.
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Freya Andersen
•Smart move. UCC 9-901 law of the state issues are too important to guess about. Better to verify everything before filing than deal with perfection problems later.
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Connor O'Brien
•Definitely try Certana.ai for the document verification. It's specifically designed to catch these kinds of UCC 9-901 compliance issues before they become problems.
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