111-11-61 Search requests - required information.  

  • Text Box: ACTION: Final Text Box: DATE: 12/27/2010 10:37 AM

     

     

     

    111-11-61                    Search requests - required information.

     

     

    Search requests shall include contain the following: information.

     

    (A)   Name searched. A search request should must set forth the name of the debtor to be searched using designated fields for organization or individual first, middle and last names. A search request will be processed using the data and designated fields exactly as submitted, including the submission of no data in a given field, without regard to the nature or character of the debtor that is subject to the search. and must specify whether the debtor is an individual or an organization. A search request will be processed using the name in the exact form it is submitted.

     

    (B)    Requesting party. The name and address of the person to whom the search report results are is to be sent.

     

    (C)   Fee. The appropriate fee shall be tendered enclosed, payable by a method described in rule 111-11-05 of the Administrative Code.

     

    (D)   Search logic request with filing. The request shall specify if a search methodology, other than that described in rule 111-11-62 of the Administrative Code, is to be applied in conducting the search. If no such methodology is specified, the one described in rule 111-11-62 shall be applied. If a filer requests a search at the time a UCC record is filed the name searched will be the debtor name as set forth on the form. The requesting party shall be the remitter of the UCC record, and the search request shall be deemed to request a search that would retrieve all financing statements filed on or prior to the date the UCC record is filed.

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

    111-11-61                                                                                                                              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, 1309.506, 1309.523

    Rule Amplifies:                                  1309.506, 1309.523

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

Document Information

Effective Date:
1/7/2011
File Date:
2010-12-27
Last Day in Effect:
2011-01-07
Five Year Review:
Yes
Rule File:
111-11-61_PH_FF_A_RU_20101227_1037.pdf
Related Chapter/Rule NO.: (1)
Ill. Adm. Code 111-11-61. Search requests - required information