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 Top Ten Reasons for Rejecting
Uniform Commercial Code Filings


1.      Incorrect filing fee.

 

2.      The check is unsigned or made out incorrectly.  All checks should be

      made payable to the “County Recorder”.

 

3.      The typing or handwriting is too light to be scanned or is simply

       illegible.

 

4.      An obsolete form has been used.

 

5.      The address of the debtor, secured party or assignee is omitted.

 

6.      An attempt is made to file a continuation statement earlier than six months

      before the five-year expiration date or after the original financing

      statement has lapsed.

 

7.      The original filing has lapsed and thus no financing statement changes

      may be filed.

 

8.      The form UCC-3 does not contain accurate information.  The UCC-3 must show an

      active file number, the debtor's name and address, and the secured party's name and

      address exactly as given on the original financing statement or last filed amendment.

 

9.      There are some types of symbols or N/A in fields that should have no entry

      and therefore be left blank.

 

10.  An organization is identified in the debtor field; however, Type of

       Organization, Jurisdiction of Organization and /or Organizational ID # are

       not completed.

 



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