UCC Document Community

The Texas SOS website has a fee schedule that's pretty current if you want the official breakdown. But like everyone said, it's basically $15 across the board for most filing types. The consistency actually makes it easier to budget than some other states.

I've been dealing with the same Texas fee increases - it definitely adds up when you're doing multiple filings. One thing that's helped me manage costs is batching my filings strategically. While there's no official bulk discount, I try to prepare all my UCC-3 continuations at once so I can catch any errors before submitting. For your agricultural equipment deals, make sure you're being specific with the collateral descriptions - "John Deere Model 6120R Tractor, Serial #ABC123" rather than just "farm equipment." This reduces the chance of rejections which would cost you another $15 per filing. Also, I've started setting up email reminders 6 months before continuation deadlines to avoid any last-minute rush fees. The $15 per filing is frustrating but still cheaper than losing perfection!

One thing to watch out for with NC - they're pretty strict about the continuation statement format. Make sure you're using the current UCC-3 form and that all required fields are completed exactly as specified in the statute.

I've been through this exact situation with mixed collateral in NC. The statute treats equipment and fixtures the same for continuation purposes. Your main focus should be on timing and accuracy rather than worrying about different rules for different collateral types.

Update us when you figure out what's going on! I'm curious whether it turns out to be a Westlaw display issue or an actual name discrepancy. This kind of situation makes everyone nervous.

I've seen this exact scenario play out before and it's worth doing a comprehensive verification process. First, pull the actual UCC-1 filing from the other lender (not just the Westlaw summary) to see exactly how they listed the debtor name. Then cross-reference both your filing and theirs against the company's current articles of incorporation and their most recent annual report with the Secretary of State. The key is ensuring your UCC-1 matches the exact legal name as currently registered with the state - not just what the borrower told you or what appears on their loan application. If there's any discrepancy, file a UCC-3 amendment immediately. With $450K on the line, spending a few hours on verification and potentially $50-100 on an amendment fee is absolutely worth the peace of mind and protection of your security interest.

Bottom line - the UCC statement request form is your best friend for equipment purchases. It gives you the official documentation you need to know exactly what liens exist and whether they'll affect your purchase. Don't try to cut corners on this part of due diligence.

Great advice from everyone here! Just to add one more practical tip - when you submit your UCC statement request, also consider requesting certified copies rather than just informational copies. For a transaction this size, having certified documents will be helpful if you need to provide proof to your lender or if any disputes arise later. The cost difference is usually minimal but the legal weight of certified copies can be important. Also, make sure to keep detailed records of exactly what you searched for (debtor names, variations, etc.) so you can show your attorney and any future stakeholders that you did thorough due diligence.

The practical takeaway from 9-308 is to get your UCC-1 filed as close to signing as possible. The gap between attachment and perfection is where priority problems happen. We now have a same-day filing policy for exactly this reason.

This is a great example of why understanding 9-308 timing is so critical in secured lending. The gap you experienced between attachment (March 15) and perfection (March 22) is exactly where deals can go wrong. I've seen too many lenders get burned by assuming perfection relates back to attachment - it doesn't. The statute is clear that you need both elements satisfied before you're perfected. Going forward, consider implementing a workflow where your UCC-1 is prepared and ready to file the moment the security agreement is executed. Some of our deals now have the filing submitted within hours of signing to minimize that vulnerable window.