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A creditor files a UCC-1 to provide notice to interested parties that he or she has a security interest in a debtor's personal property. This personal property is being used as collateral in some type of secured transaction, usually a loan or a lease.
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.
UCC-1F and UCC-3F Central Registry Filings UCC and Crop filing$35*Crop filing$20*Amendments, Continuations, Assignments$20*
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.
In January of 1990, Louisiana adopted the Uniform Commercial Code.
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.
UCC-1 Financing Statements may be filed with any Louisiana Parish Clerk of Court without regard to the debtor's address, location of the collateral or of any related immovable. Initial Financing Statements can now be submitted to any Louisiana Parish Clerk of Court online through the Secretary of State's website.
PROPER PLACE TO FILE: UCC-1 Financing Statement and attachments may be filed with any Louisiana Parish Clerk of Court or with the Recorder of Mortgages in Orleans Parish (without regard to the debtor's address or the location of the collateral or of any related immovable). DO NOT FILE WITH THE SECRETARY OF STATE.