N.Y. Comp. Codes R. & Regs. Tit. 19 §§ 143-2.4

Current through Register Vol. 46, No. 51, December 18, 2024
Section 143-2.4 - Trusts or trustees

If the debtor is a trust or a trustee acting with respect to property held in trust, the financing statement should provide the name specified for the trust in its organic document(s). If no name for the trust is specified in its organic document(s), the financing statement should provide the name of the settlor and additional information sufficient to distinguish the debtor from other trusts having one or more of the same settlor(s). In either case, the financing statement should also indicate, in the debtor's name or otherwise, that the debtor is a trust or is a trustee acting with respect to property held in trust. If such indication is provided by inclusion of a statement or phrase in the debtor's name, such statement or phrase will be entered in the filing office's UCC information management system as part of the debtor's name.

N.Y. Comp. Codes R. & Regs. Tit. 19 §§ 143-2.4