Class C Corporation With Llc Subsidiary
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FAQ
A request for a certified search of the UCC records must be submitted in writing to one of the Clerk of Court offices. The fee for the search is $30 per debtor name. The Secretary of State offers subscriptions to the UCC database for an annual fee of $400. The fee allows the subscriber unlimited usage.
Section XIX-123 - Additional Specific Requirements for Filings Changing the Status of an Initial UCC Filing A. Continuation Statement 1. A filed financing statement is effective for a period of five years. No exception is made for a stated maturity date of less than five years.
Where do I file an UCC-1 original financing statement in your state? In Louisiana, you may file an Original Financing Statement (UCC-1) with any of our 64 Parish filing offices. The Secretary of State's Office manages and maintains a statewide database and all 64 filing officers have access to this system.
Uniform Commercial Code (UCC) filings allow creditors to notify other creditors about a debtor's assets used as collateral for a secured transaction. UCC liens filed with Secretary of State offices act as a public notice by the "creditor" of the creditor's interest in the property.
UCC-11 Search UCC Certificate* (per debtor name)$30Copies of documents$2 per pageCertification of copies$5 each
In January of 1990, Louisiana adopted the Uniform Commercial Code.
Section XIX-123 - Additional Specific Requirements for Filings Changing the Status of an Initial UCC Filing A. Continuation Statement 1. A filed financing statement is effective for a period of five years. No exception is made for a stated maturity date of less than five years.
In January of 1990, Louisiana adopted the Uniform Commercial Code. This statewide notification system replaced Louisiana's chattel mortgage laws and for the first time provides lenders with statewide information regarding liens on movable, personal property.