Current through November 25, 2024
Section DFI-CCS 4.12 - Amendment(1) A record shall be created for the amendment that bears the file number for the amendment and the date and time of filing.(2) The record of the amendment shall be associated with the record of the related initial financing statement in a manner that causes the amendment to be retrievable each time a record of the financing statement is retrieved.(3) The name and address of each additional debtor and secured party shall be entered into the UCC information management system in the record of the financing statement. Each additional debtor name shall be added to the searchable index and shall not be removed until one year after the financing statement lapses. Debtor addresses shall not be included in the searchable index except to the extent the filing office offers or intends to offer limited searches or limited copy requests as provided in s. DFI-CCS5.03.(4) If the amendment is a continuation, a new lapse date shall be established for the financing statement and maintained as part of its record.(5) Each individual amendment form shall include only one filing action and only amend information, which shall be indexed within the constraints of the form.Wis. Admin. Code Department of Financial Institutions DFI-CCS 4.12
CR 01-122: CR Register February 2002 No. 554, eff 3-1-02. Example: An individual may not add or change debtor and secured party on the same form.