Minn. R. agency 133, ch. 8280, UCC INFORMATION MANAGEMENT SYSTEM, pt. 8280.0170 - NAMES OF DEBTORS OR SECURED PARTIES THAT ARE ORGANIZATIONS
A. The name of an
organization that is a debtor or secured party on a financing statement is
stored in a separate field from the names of individuals. A single field is
used to store an organization name.
B. The organization name field in the UCC
information management system is fixed in length. The maximum length is 150
characters. Although filers should continue to provide full names on their
financing statements, a name that exceeds the fixed length is stored as
presented to the filing officer, up to the maximum length of the
field.
Notes
Statutory Authority:
L
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