Rules & Regulations of the State of Tennessee
Title 1360 - Department of State
Subtitle 1360-08 - Uniform Commercial Code
Chapter 1360-08-03 - Uniform Commercial Code UCC Information Management System
Section 1360-08-03-.02 - PRIMARY DATA ELEMENTS

Universal Citation: TN Comp Rules and Regs 1360-08-03-.02

Current through September 24, 2024

The primary data elements used in the UCC information management system are the following:

(1) Identification Numbers.

(a) Each initial financing statement is identified by its file number. Identification of the initial financing statement is stamped on written UCC records or otherwise permanently associated with the record maintained for UCC records in the UCC information management system. A record is created in the information management system for each initial financing statement, and all information comprising such record is maintained in the system. The record is identified by the same information assigned to the initial financing statement.

(b) A UCC record other than an initial financing statement is identified by a unique file number assigned by the filing officer. In the UCC information management system, all UCC records other than initial financing statements are linked to the record of their related initial financing statement.

(2) Type of Record. The type of UCC record is identified in the UCC information management system from information supplied by the remitter.

(3) Filing Date and Filing Time. The filing date and filing time of UCC records are stored in the UCC information management system. Calculation of the lapse date of an initial financing statement is based upon the filing date.

(4) Identification of Parties. The names and addresses of debtors and secured parties are recorded in the UCC information management system using one or more data entry or transmittal techniques.

(5) Page Count. The total number of pages in a UCC record is maintained in the UCC information management system.

(6) Lapse Indicator. An indicator is maintained by which the information management system identifies whether a financing statement will lapse and, if it does, when it will lapse. The lapse date is determined as provided in Rules 1360-08-03-.07, 1360-08-03-.08, and 1360-08-03-.09.

(7) Indexes of Names. The filing office maintains in the UCC information management system a searchable index of organization debtor names and a searchable index of individual debtor names. The filing office may also maintain a searchable index of names of secured parties of record. Such an index need not be a separate database but may be comprised of records in the UCC information management system identified to be included in such searchable index.

Authority: T.C.A. §§ 4-5-202, 4-5-204, 47-9-519, and 47-9-526 and 2012 Tenn. Pub. Acts Ch. 708.

Disclaimer: These regulations may not be the most recent version. Tennessee may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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