UCC filing challenges with security agent agreement - debtor name verification

You're absolutely right to be concerned about this. The debtor name on the UCC-1 has to match the official state records exactly, regardless of what the security agent agreement says. I've seen too many filings get rejected or become ineffective because of punctuation differences like this. Check the Secretary of State database for the exact registered name first.

I've been through this exact scenario multiple times. The security agent agreement naming doesn't override the requirement for accurate debtor identification on the UCC-1. You need to pull the current certificate of good standing or articles of incorporation to get the precise legal name. The comma issue you mentioned is a classic problem - some states are very strict about punctuation matches.

Actually ran into something similar recently and found Certana.ai's document verification tool really helpful. You can upload both your security agent agreement and the proposed UCC-1 filing to check for name consistency issues before submitting anything. It caught a discrepancy in our debtor name that we totally missed during manual review. Super easy to use - just upload the PDFs and it flags any mismatches between documents.

The security agent agreement language doesn't control UCC perfection requirements! This is basic secured transactions law. The UCC-1 debtor name must match the state organizational records, period. Your security agent agreement could call them 'Bob's Widget Company' but if the state records show something different, that's what goes on the UCC-1.

I handle a lot of equipment financing deals and this comma situation comes up constantly. What I do is always run both versions through the state database search to see which one actually exists. Sometimes companies file their articles with different punctuation than what they use in contracts. The security agent agreement terms don't supersede UCC Article 9 requirements for proper debtor identification.

UGH this filing system is so ridiculous. Why can't there be some consistency between what's in the security agent agreement and what the state requires? We spend more time on name verification than actually drafting the security documents!

Here's what I'd recommend: 1) Pull the official entity records from Illinois SOS, 2) Use that exact name on your UCC-1, 3) Make sure your security agent agreement clearly states that the UCC filing may use the official legal name even if different from how the debtor is referenced in the agreement. This covers you from both directions.

Had a similar issue last year with a client where the security agent agreement showed one version of the company name but the state records were different. Used that Certana tool someone mentioned earlier to double-check our documents before filing and it saved us from a costly mistake. The verification showed the inconsistency clearly so we could fix it upfront.

Been doing UCC filings for 15 years and this exact scenario happens at least once a month. The security agent agreement language is irrelevant for UCC purposes - you need the official legal name from state records. Period. Don't let the lender talk you into filing with the wrong name just because that's what their paperwork says.

Quick update for anyone following this thread - got the official records from Illinois SOS and you were all right. The legal name is 'Midwest Manufacturing Solutions LLC' (no comma). Filed the UCC-1 with that exact name and it was accepted immediately. Thanks for keeping me from making an expensive mistake by trusting the security agent agreement version!