111-11-33 Organization debtor names.

 

 

 

111-11-33                    Organization   debtor   namesNames   of   debtors   that   are organizations.

 

 

 

For purposes of these rules, an "organization debtor name" is any name provided as a debtor name in a UCC record in a format that identifies the name as that of a debtor who is an organization, without regard to the nature or character of the name or to the nature or character of the actual debtor. This rule applies to the name of an organization who is a debtor or a secured party on a UCC record.

 

(A)     Single  field.  Organization  debtor  names  are  stored  in  files  that  include  only

organization debtor names.

The names of organizations are stored in files that

include only the names of organizations and not the names of individuals. A single field is used to store an organization debtor name.

(B)   Truncation - organization names. The organization name field in the UCC database is fixed in length. The maximum length is 400 characters. Although filers should continue to provide full names on their UCC records, a name that exceeds the fixed length is entered as presented to the filing officer, up to the maximum length of the data entry field.

111-11-33                                                                                                                              2

Effective:                                                     01/07/2011

R.C. 119.032 review dates:                         10/21/2010 and 07/15/2015

CERTIFIED ELECTRONICALLY

Certification

12/27/2010

Date

Promulgated Under:                           119.03

Statutory Authority:                           1309.526

Rule Amplifies:                                  1309.519

Prior Effective Dates:                         7/3/01 (Emer.), 9/20/01.