Current through November 25, 2024
Section DFI-CCS 3.04 - Names of debtors that are organizations The following shall apply to the name of an organization which is a debtor or a secured party on a UCC document:
(1) SINGLE FIELD. The names of organizations shall be stored in files that include only the names of organizations and not the names of individuals. A single field shall be used to store an organization name.(2) TRUNCATION - ORGANIZATION NAMES. The organization name field in the UCC database shall be fixed in length. Although filers should continue to provide full names on 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 3.04
Adopted by, CR 01-122: cr. Register February 2002 No. 554, eff. 3-1-02; CR 23-026: am. (2) Register February 2024 No. 818, eff. 3/1/2024