What is NC UCC code?

What is NC UCC code?

The Uniform Commercial Code Section operates under Chapter 25, Article 9 of the North Carolina General Statutes to provide a method of giving notice of a security interest in personal property to interested third parties. The method adopted is a “notice” filing system.

Which states follow UCC?

Every U.S. state and the District of Columbia have adopted at least part of the UCC (though it has not been adopted as federal law). Each jurisdiction, however, may make its own modifications (Louisiana has never adopted Article 2), and may organize its version of the UCC differently.

What is a UCC filing on a business?

Uniform Commercial Code (UCC) filings allow creditors to notify other creditors about a debtor’s assets used as collateral for a secured transaction. UCC liens filed with Secretary of State offices act as a public notice by the “creditor” of the creditor’s interest in the property.

Is there a North Carolina Department of State in NC?

Don’t Fall for Impostors posing as the NC Department of the Secretary of State. The NC Secretary of State’s Office has received a report of individuals misrepresenting themselves as the North Carolina Department of the Secretary of State to lure loan-seekers to pay an up-front fee.

Are North Carolina business records public information?

Most documents maintained in the Department of the Secretary of State files are public records subject to disclosure under the Public Records Act, Chapter 132 of the North Carolina General Statutes. Many documents, including filings made with our Uniform Commercial Code Section, may be viewed on our website.

What is the UCC section?

Record information in the UCC Section is open to the public, and can be searched for free over the Internet. This Section provides an essential service to the business community, offering a repository of records of UCC and federal lien documents. It also has the character of a public “bulletin board” with regard to liens against personal property.

How do I create a business form in North Carolina?

The NC Secretary of State’s Office provides online form creation and electronic submission for many of the most popular business creation/formation documents. View a tutorial or click here to start the process.