Wis. Admin. Code Department of Financial Institutions DFI-CCS 3.03

Current through November 25, 2024
Section DFI-CCS 3.03 - Names of debtors who are individuals

The following shall apply to the name of a debtor or a secured party on a UCC document who is an individual as defined in s. DFI-CCS 1.01 (15):

(1) INDIVIDUAL NAME FIELDS. The names of individuals shall be stored in files that include only the names of individuals, and not the names of organizations. Separate data entry fields shall be established for first (given), middle (given), and last names (surnames or family names) of individuals. A filer shall place the name of a debtor with a single name in the last name field. The filing officer shall assume no responsibility for the accurate designation of the components of a name but shall accurately enter the data in accordance with the filer's designations.

Note: Example: Place the name of a debtor with a single name "Cher" in the last name field.

(2) TITLES AND PREFIXES BEFORE NAMES. Titles and prefixes shall not be entered in the UCC information management system. However, as provided in s. DFI-CCS 4.08, when a UCC document is submitted with designated name fields, the data shall be entered in the UCC information management system exactly as it appears.

Note: Example: "Doctor," "Reverend," "Mr." and "Ms." should not be entered in the system.

(3) TITLES AND SUFFIXES AFTER NAMES. Titles or indications of status shall not be part of an individual's name and should not be provided by filers in UCC documents. Suffixes that indicate which individual is being named shall be appropriate. In either case, as provided in s. DFI-CCS 4.08, they shall be entered into the information management system exactly as received.

Note: Example: "M.D." and "esquire" should not be provided; "senior," "junior," "I," "II" and "III" are appropriate.

(4) TRUNCATION - INDIVIDUAL NAMES. Personal name fields in the UCC database shall be fixed in length. Although filers should continue to provide full names on their UCC documents, a name that exceeds the fixed length shall be entered as presented to the filing officer, up to the maximum length of the data entry field.

Wis. Admin. Code Department of Financial Institutions DFI-CCS 3.03

Adopted by, CR 01-122: cr. Register February 2002 No. 554, eff. 3-1-02; CR 23-026: renum. (4) (a) to (4), r. (4) (b) Register February 2024 No. 818, eff. 3/1/2024