Mich. Admin. Code R. 440.303

Current through Vol. 24-19, November 1, 2024

Section R. 440.303 - Names of organizations

Rule 303. Both of the following provisions apply to the name of an organization that is a debtor or a secured party on a financing statement:

(a) A single field is used to store an organization name.

(b) The organization name field in the UCC information management system is fixed in length. The maximum length is 255 characters. Although filers shall continue to provide full names of organizations on their financing statements, a name that exceeds the fixed length is entered as presented to the filing officer, up to the maximum length of the field.

Mich. Admin. Code R. 440.303

2002 AACS; 2023 MR 22, Eff. 11/16/2023