April 29, 2009, Introduced by Rep. Coulouris and referred to the Committee on Banking and Financial Services.
A bill to amend 1962 PA 174, entitled
"Uniform commercial code,"
by amending sections 9515, 9516, 9520, and 9521 (MCL 440.9515,
440.9516, 440.9520, and 440.9521), as amended by 2008 PA 383, and
by adding section 9513a; and to repeal acts and parts of acts.
THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
1 Sec. 9513a. (1) This section applies only with respect to a
2 filed financing statement to which all of the following apply:
3 (a) The financing statement indicates that all secured
4 parties are individuals.
5 (b) The financing statement identifies as a debtor an
6 individual who is a public officer.
7 (c) The financing statement is filed by a person who is not
1 entitled to file the statement.
2 (2) If a financing statement indicates that there is more
3 than 1 debtor, this section applies only to each debtor who is a
4 public officer.
5 (3) A public officer identified as a debtor in a filed
6 financing statement to which this section applies may file with
7 the filing office a notarized affidavit in the form prescribed by
8 the secretary of state under subsection (4), stating that the
9 financing statement was filed by a person who was not entitled to
10 file the financing statement.
11 (4) The secretary of state shall adopt and, upon request,
12 make available to public officers a form affidavit to be used
13 under subsection (3) to notify a filing office of the filing of a
14 financing statement by a person who was not entitled to file the
15 financing statement.
16 (5) If an affidavit is filed under subsection (3), the
17 filing office shall file a termination statement with respect to
18 the financing statement indicating that the termination was made
19 under this section.
20 (6) A fee shall not be charged for filing an affidavit under
21 subsection (3) or a termination statement under subsection (5).
22 The filing office shall not return any fee paid for filing the
23 financing statement, regardless of whether the financing
24 statement is reinstated under subsection (9).
25 (7) A filing office that terminates a financing statement
26 under subsection (5) shall on the same day send, by certified
27 mail, return receipt requested, a notice of termination to the
1 individual identified as the secured party in the financing
2 statement, at the address provided for the individual in the
3 financing statement, advising the individual of the termination.
4 If the individual believes in good faith that the individual was
5 entitled to file the financing statement, the individual may file
6 an action to reinstate the financing statement.
7 (8) The exclusive venue for an action under subsection (7)
8 to reinstate a financing statement shall be either of the
9 following:
10 (a) If the public officer who filed the affidavit under
11 subsection (3) is an employee of this state, in the Ingham county
12 circuit court.
13 (b) If subdivision (a) does not apply, in the circuit court
14 for the county in this state in which the public officer who
15 filed the affidavit under subsection (3) resides.
16 (9) If the court in an action to reinstate a financing
17 statement under this section determines that the financing
18 statement should be reinstated, the court shall provide a copy of
19 its order to the filing office. On receipt of an order
20 reinstating a financing statement, a filing office shall file a
21 record that identifies by its file number the initial financing
22 statement to which the record relates and indicates that the
23 financing statement has been reinstated.
24 (10) On the filing of a record reinstating a financing
25 statement under subsection (9), the effectiveness of the
26 financing statement is retroactively reinstated and shall be
27 considered never to have been ineffective as against all persons
1 and for all purposes except as against a good faith purchaser of
2 the collateral for value. If a financing statement that is
3 reinstated would have lapsed during the period between
4 termination and reinstatement, the
5 secured party may file a continuation statement not later than 30
6 days after the record reinstating the financing statement is
7 filed, in which event the effectiveness of the financing
8 statement continues for 5 years after the day on which the
9 financing statement would have lapsed if a termination statement
10 had not been filed.
11 (11) If the court in an action to reinstate a financing
12 statement under this section determines that the individual who
13 filed the financing statement was not entitled to file the
14 financing statement, the individual shall pay the costs and
15 expenses, including legal fees, incurred by the public officer in
16 the action.
17 (12) An individual who knowingly files a false affidavit
18 under subsection (3) is guilty of a felony punishable by
19 imprisonment for not more than 5 years or a fine of not more than
20 $2,500.00, or both.
21 (13) As used in this section, "public officer" means an
22 individual who is, on or before the date on which the financing
23 statement is filed, an elected or appointed official or an
24 employee of this state, of a local unit of government in this
25 state, including a county, township, city, village, court, or
26 other public authority, or of the government of the United
27 States.
1 Sec. 9515. (1) Except as otherwise provided in subsections
2 (2), (5), (6), and (7), a filed financing statement is effective
3 for a period of 5 years after the date of filing.
4 (2) Except as otherwise provided in subsections (5), (6),
5 and (7), an initial financing statement filed in connection with
6 a manufactured-home transaction is effective for a period of 30
7 years after the date of filing if it indicates that it is filed
8 in connection with a manufactured-home transaction.
9 (3) The effectiveness of a filed financing statement lapses
10 on the expiration of the period of its effectiveness unless
11 before the lapse a continuation statement is filed pursuant to
12 subsection (4). Upon lapse, a financing statement ceases to be
13 effective and any security interest or agricultural lien that was
14 perfected by the financing statement becomes unperfected, unless
15 the security interest is perfected otherwise. If the security
16 interest or agricultural lien becomes unperfected upon lapse, it
17 is deemed never to have been perfected as against a purchaser of
18 the collateral for value.
19 (4) A continuation statement may be filed only within 6
20 months before the expiration of the 5-year period specified in
21 subsection (1) or the 30-year period specified in subsection (2),
22 whichever is applicable.
23 (5) Except as otherwise provided in section 9510, upon
24 timely filing of a continuation statement, the effectiveness of
25 the initial financing statement continues for a period of 5 years
26 commencing on the day on which the financing statement would have
27 become ineffective in the absence of the filing. Upon the
1 expiration of the 5-year period, the financing statement lapses
2 in the same manner as provided in subsection (3), unless, before
3 the lapse, another continuation statement is filed pursuant to
4 subsection (4). Succeeding continuation statements may be filed
5 in the same manner to continue the effectiveness of the initial
6 financing statement.
7 (6) If a debtor is an organization identified as a
8 transmitting utility and a filed initial financing statement so
9 indicates, the financing statement is effective until a
10 termination statement is filed. A financing statement that is
11 filed before the effective date of the amendatory act that added
12 this sentence is effective for a period of 5 years after the date
13 of filing and shall not be continued under this section if the
14 financing statement indicates either of the following:
15 (a) That the debtor is an individual purporting to be a
16 transmitting utility.
17 (b) That the debtor is an individual showing his or her name
18 as an organization and purporting to be a transmitting utility.
19 (7) A record of a mortgage that is effective as a financing
20 statement filed as a fixture filing under section 9502(3) remains
21 effective as a financing statement filed as a fixture filing
22 until the mortgage is released or satisfied of record or its
23 effectiveness otherwise terminates as to the real property.
24 Sec. 9516. (1) Except as otherwise provided in subsection
25 (2), communication of a record to a filing office and tender of
26 the filing fee or acceptance of the record by the filing office
27 constitutes filing.
1 (2) Filing does not occur with respect to a record that a
2 filing office refuses to accept because of 1 or more of the
3 following:
4 (a) The record is not communicated by a method or medium of
5 communication authorized by the filing office.
6 (b) An amount equal to or greater than the applicable filing
7 fee is not tendered.
8 (c) The filing office is unable to index the record because
9 of 1 or more of the following:
10 (i) In the case of an initial financing statement, the record
11 does not provide a name for the debtor.
12 (ii) In the case of an amendment or correction statement, the
13 record does not identify the initial financing statement as
14 required by section 9512 or 9518, as applicable, or identifies an
15 initial financing statement whose effectiveness has lapsed under
16 section 9515.
17 (iii) In the case of an initial financing statement that
18 provides the name of a debtor identified as an individual or an
19 amendment that provides a name of a debtor identified as an
20 individual that was not previously provided in the financing
21 statement to which the record relates, the record does not
22 identify the debtor's last name.
23 (iv) In the case of a record filed or recorded in the filing
24 office described in section 9501(1)(a), the record does not
25 provide a sufficient description of the real property to which it
26 relates.
27 (d) In the case of an initial financing statement or an
1 amendment that adds a secured party of record, the record does
2 not provide a name and mailing address for the secured party of
3 record.
4 (e) In the case of an initial financing statement or an
5 amendment that provides a name of a debtor which was not
6 previously provided in the financing statement to which the
7 amendment relates, the record does not provide or indicate 1 or
8 more of the following:
9 (i) Provide a mailing address for the debtor.
10 (ii) Indicate whether the debtor is an individual or an
11 organization.
12 (iii) If the financing statement indicates that the debtor is
13 an organization, provide 1 or more of the following:
14 (A) A type of organization for the debtor.
15 (B) A jurisdiction of organization for the debtor.
16 (C) An organizational identification number for the debtor
17 or indicate that the debtor has none.
18 (f) In the case of an assignment reflected in an initial
19 financing statement under section 9514(1) or an amendment filed
20 under section 9514(2), the record does not provide a name and
21 mailing address for the assignee.
22 (g) In the case of a continuation statement, the record is
23 not filed within the 6-month period prescribed by section
24 9515(4).
25 (3) For purposes of subsection (2), both of the following
26 apply:
27 (a) A record does not provide information if the filing
1 office is unable to read or decipher the information.
2 (b) A record that does not indicate that it is an amendment
3 or identify an initial financing statement to which it relates,
4 as required by section 9512, 9514, or 9518, is an initial
5 financing statement.
6 (4) A record that is communicated to the filing office with
7 tender of the filing fee, but which the filing office refuses to
8 accept for a reason other than one set forth in subsection (2),
9 or section 9520(5), is
effective as a filed record except as
10 against a purchaser of the collateral which gives value in
11 reasonable reliance upon the absence of the record from the
12 files.
13 Sec. 9520. (1) A filing office shall refuse to accept a
14 record for filing for a reason set forth in section 9516(2) or,
15 if the filing office is the secretary of state, subsection (5)
16 and may refuse to accept a record for filing only for a reason
17 set forth in section 9516(2). or, if the filing office is the
18 secretary of state, subsection (5).
19 (2) If a filing office refuses to accept a record for
20 filing, it shall communicate to the person that presented the
21 record the fact of and reason for the refusal and the date and
22 time the record would have been filed had the filing office
23 accepted it. The communication must be made at the time and in
24 the manner prescribed by filing-office rule but, in the case of a
25 filing office described in section 9501(1)(b), in no event more
26 than 2 business days after the filing office receives the record.
27 (3) A filed financing statement satisfying section 9502(1)
1 and (2) is effective, even if the filing office is required to
2 refuse to accept it for filing under subsection (1). However,
3 section 9338 applies to a filed financing statement providing
4 information described in section 9516(2)(e) that is incorrect at
5 the time the financing statement is filed.
6 (4) If a record communicated to a filing office provides
7 information that relates to more than 1 debtor, this part applies
8 as to each debtor separately.
9 (5) Notwithstanding any other provision of this act, if a
10 person presents a record to the secretary of state for filing or
11 recording, the secretary of state may refuse to accept the record
12 for filing or recording if 1 or more of the following
13 circumstances exist:
14 (a) The record is not required or authorized to be filed or
15 recorded with the secretary of state.
16 (b) The record is being filed or recorded for a purpose
17 outside the scope of this article.
18 (c) The secretary of state has reasonable cause to believe
19 the record is materially false or fraudulent.
20 (d) The record asserts a claim against a current or former
21 employee or officer of a federal, state, county, or other local
22 governmental unit that relates to the performance of the
23 officer's or employee's public duties, and for which the filer
24 does not hold a properly executed security agreement or judgment
25 from a court of competent jurisdiction.
26 (e) The record indicates that the debtor and the secured
27 party are substantially the same or that an individual debtor is
1 a transmitting utility.
2 (6) If a correction statement filed with the secretary of
3 state under section 9518 alleges that a previously filed record
4 was wrongfully filed, the secretary of state shall, without undue
5 delay, determine whether the contested record was wrongfully
6 filed. To determine whether the record was wrongfully filed, the
7 secretary of state may require the person who filed the
8 correction statement or the secured party to provide any
9 additional relevant information requested by the secretary of
10 state, including an original or copy of a security agreement that
11 is related to the record. If the secretary of state finds that
12 the record was wrongfully filed, the secretary of state shall
13 terminate the record and the record is void and ineffective. The
14 secretary of state shall notify the secured party named in the
15 contested record of the termination.
16 (7) If the secretary of state refuses to accept a record for
17 filing or recording pursuant to subsection (5), the person who
18 presented the record to the secretary of state may commence an
19 action under section 9501a to require the secretary of state to
20 accept the record for filing or recording. A record ordered by
21 the court to be accepted is effective as a filed record from the
22 initial filing date except as against a purchaser of the
23 collateral which gives value in reasonable reliance on the
24 absence of the record from the files.
25 (8) A filing officer who, acting in a manner that does not
26 subject the filing officer to personal liability under the
27 statutes of this state, improperly refuses to accept a record for
1 filing or recording under subsection (5) is not personally liable
2 for the improper refusal or determination.
3 (9) Subsection (5) does not apply to a financing statement
4 filed by a regulated financial institution or a representative of
5 a regulated financial institution. If a regulated financial
6 institution that is attempting to file a financing statement is
7 organized under the law of a governmental unit other than this
8 state, the secretary of state may request the regulated financial
9 institution or its representative to provide verification of
10 regulation or licensure in the jurisdiction under whose law the
11 institution is organized. As used in this subsection, "regulated
12 financial institution" means that term as defined in section
13 9501a.
14 Sec. 9521. (1) A filing office that accepts written records
15 for filing shall not refuse to accept a written initial financing
16 statement that conforms to the current format prescribed by the
17 national conference of commissioners on uniform state laws in the
18 following form, except for a reason set forth in section 9516(2):
19 or 9520(5).
20 UCC FINANCING STATEMENT
21 FOLLOW INSTRUCTIONS (FRONT AND BACK) CAREFULLY
22 A. NAME AND PHONE OF CONTACT AT FILER [optional]
23 ______________________________________________________________
24 B. SEND ACKNOWLEDGMENT TO: (Name and Address)
25 ______________________________________THE ABOVE SPACE IS FOR
26 ______________________________________FILING OFFICE USE ONLY
27 1. DEBTOR'S EXACT FULL LEGAL NAME – insert only 1 debtor name
1 (1a or 1b) – do not abbreviate or combine names
2 1a. ORGANIZATION'S NAME
3 ______________________________________________________________
4 OR 1b. INDIVIDUAL'S LAST NAME FIRST NAME MIDDLE NAME SUFFIX
5 ______________________________________________________________
6 1c. MAILING ADDRESS CITY STATE POSTAL CODE COUNTRY
7 ______________________________________________________________
8 1d. TAX ID. NO. ADD'L INFO. RE 1e. TYPE OF ORGANIZATION
9 SSN OR EIN ORGANIZATION
10 DEBTOR
11 ______________ ______________ ____________________________
12 1f. JURISDICTION OF ORGANIZATION 1g. ORGANIZATIONAL
13 ID. No., if any
14 _______________________________ __________________ [ ] NONE
15 2. ADDITIONAL DEBTOR'S EXACT FULL LEGAL NAME – insert only 1
16 debtor name (2a or 2b) – do not abbreviate or combine names
17 2a. ORGANIZATION'S NAME
18 ______________________________________________________________
19 OR 2b. INDIVIDUAL'S LAST NAME FIRST NAME MIDDLE NAME SUFFIX
20 ______________________________________________________________
21 2c. MAILING ADDRESS CITY STATE POSTAL CODE COUNTRY
22 ______________________________________________________________
23 2d. TAX ID. NO. ADD'L INFO. RE 2e. TYPE OF ORGANIZATION
24 SSN OR EIN ORGANIZATION
25 DEBTOR
26 _____________ ______________ ____________________________
27 2f. JURISDICTION OF ORGANIZATION 2g. ORGANIZATIONAL
28 ID. No., if any
29 _______________________________ __________________ [ ] NONE
30 3. SECURED PARTY'S NAME (or name of total assignee of assignor
31 S/P) – insert only 1 secured party name (3a or 3b)
32 3a. ORGANIZATION'S NAME
33 ______________________________________________________________
34 OR 3b. INDIVIDUAL'S LAST NAME FIRST NAME MIDDLE NAME SUFFIX
35 ______________________________________________________________
36 3c. MAILING ADDRESS CITY STATE POSTAL CODE COUNTRY
37 ______________________________________________________________
1 4. This FINANCING STATEMENT covers the following collateral:
2 ______________________________________________________________
3 5. ALTERNATIVE DESIGNATION [if applicable]: [ ] LESSEE/LESSOR
4 [ ] CONSIGNEE/CONSIGNOR [ ] BAILEE/BAILOR [ ] SELLER/BUYER
5 [ ] AG. LIEN [ ] NON-UCC FILING
6 6. [ ] This FINANCING STATEMENT is to be filed (for record) (or
7 recorded) in the REAL ESTATE RECORDS.
8 Attach Addendum [if applicable]
9 7. Check to REQUEST SEARCH REPORT(S) on Debtor(s)
10 [ ] All Debtors [ ] Debtor 1 [ ] Debtor 2
11 [ADDITIONAL FEE] [optional]
12 ______________________________________________________________
13 8. OPTIONAL FILER REFERENCE DATA
14 ______________________________________________________________
15 FILING OFFICE COPY – NATIONAL UCC FILING STATEMENT (FORM UCC 1)
16 (REV. 07/29/98)
17
18 [BACK OF FORM]
19 UCC FINANCING STATEMENT ADDENDUM
20 Follow instructions (front and back) CAREFULLY.
21 9. NAME OF FIRST DEBTOR (1a or 1b) ON RELATED FINANCING STATEMENT
22 ______________________________________________________________
23 9a. ORGANIZATION'S NAME
24 ______________________________________________________________
25 OR 9b. INDIVIDUAL'S LAST NAME FIRST NAME MIDDLE NAME SUFFIX
26 ______________________________________________________________
27 10. MISCELLANEOUS:
28 ________________________________________THE ABOVE SPACE IS FOR
29 ________________________________________FILING OFFICE USE ONLY
30 11. ADDITIONAL DEBTOR'S EXACT FULL LEGAL NAME – insert only 1
31 name (11a or 11b) – do not abbreviate or combine names
32 11a. ORGANIZATION'S NAME
1 ______________________________________________________________
2 OR 11b. INDIVIDUAL'S LAST NAME FIRST NAME MIDDLE NAME SUFFIX
3 ______________________________________________________________
4 11c. MAILING ADDRESS CITY STATE POSTAL CODE COUNTRY
5 ______________________________________________________________
6 11d. TAX ID. NO. ADD'L INFO. RE 11e. TYPE OF ORGANIZATION
7 SSN OR EIN ORGANIZATION
8 DEBTOR
9 __________ _______________ ___________________________
10 11f. JURISDICTION OF ORGANIZATION 11g. ORGANIZATIONAL
11 ID. No., if any
12 _________________________________ ___________________[ ] NONE
13 12. [ ] ADDITIONAL SECURED PARTY'S or [ ] ASSIGNOR S/P'S NAME -
14 insert only 1 name (12a or 12b).
15 12a. ORGANIZATION'S NAME
16 ______________________________________________________________
17 OR 12b. INDIVIDUAL'S LAST NAME FIRST NAME MIDDLE NAME SUFFIX
18 ______________________________________________________________
19 12c. MAILING ADDRESS CITY STATE POSTAL CODE COUNTRY
20 ______________________________________________________________
21 13. This FINANCING STATEMENT covers [ ] timber to be cut or
22 [ ] as-extracted collateral, or is filed as a [ ] fixture
23 filing.
24 14. Description of real estate:
25 ______________________________________________________________
26 15. Name and address of a RECORD OWNER of the above-described
27 real estate (if Debtor does not have record interest):
28 ______________________________________________________________
29 16. Additional collateral description:
30 ______________________________________________________________
31 17. Check only if applicable and check only 1 box:
32 Debtor is a [ ] Trust or [ ] Trustee acting with respect to
33 property held in trust or [ ] Decedent's Estate
1 18. Check only if applicable and check only 1 box:
2 [ ] Debtor is a TRANSMITTING UTILITY
3 [ ] Filed in connection with a Manufactured-Home Transaction
4 - effective 30 years
5 [ ] Filed in connection with a Public-Finance Transaction -
6 effective 30 years
7
8 FILING OFFICE COPY – NATIONAL UCC FILING STATEMENT (FORM UCC 1Ad)
9 (REV. 07/29/98)
10 (2) A filing office that accepts written records for filing
11 shall not refuse to accept a written financing statement
12 amendment on a form that conforms to the current format
13 prescribed by the national conference of commissioners on uniform
14 state laws in the
following form, except
for a reason set forth
15 in section 9516(2): or 9520(5).
16 UCC FINANCING STATEMENT AMENDMENT
17 FOLLOW INSTRUCTIONS (FRONT AND BACK) CAREFULLY
18 A. NAME AND PHONE OF CONTACT AT FILER [optional]
19 ______________________________________________________________
20 B. SEND ACKNOWLEDGMENT TO: (Name and Address)
21 _______________________________________ THE ABOVE SPACE IS FOR
22 _______________________________________ FILING OFFICE USE ONLY
23 1a. INITIAL FINANCING STATEMENT FILE NO.
24 ______________________________________________________________
25 1b. [ ] This FINANCING STATEMENT AMENDMENT is to be filed (for
26 record) (or recorded) in the REAL ESTATE RECORDS.
27 2. [ ] TERMINATION: Effectiveness of the Financing Statement
28 identified above is terminated with respect to security
29 interest(s) of the Secured Party authorizing this Termination
30 Statement.
31 3. [ ] CONTINUATION: Effectiveness of the Financing Statement
1 identified above with respect to security interest(s) of the
2 Secured Party authorizing this Continuation Statement is con-
3 tinued for the additional period provided by applicable law.
4 4. [ ] ASSIGNMENT (full or partial): Give name of assignee in
5 item 7a or 7b and address of assignee in item 7c; and also
6 give name of assignor in item 9.
7 ______________________________________________________________
8 5. AMENDMENT (PARTY INFORMATION): This Amendment affects
9 [ ] Debtor or [ ] Secured Party of record. Check only 1 of
10 these 2 boxes. Also check 1 of the following three boxes and
11 provide appropriate information in items 6 and/or 7.
12 [ ] CHANGE name and/or address: Give current record name in
13 item 6a or 6b; also give new name (if name change) in
14 item 7a or 7b and/or new address (if address change) in
15 item 7c.
16 [ ] DELETE name: Give record name to be deleted in item 6a
17 or 6b.
18 [ ] ADD name: Complete item 7a or 7b, and also item 7c; also
19 complete items 7d-7g (if applicable).
20 6. CURRENT RECORD INFORMATION:
21 6a. ORGANIZATION'S NAME
22 ______________________________________________________________
23 OR 6b. INDIVIDUAL'S LAST NAME FIRST NAME MIDDLE NAME SUFFIX
24 ______________________________________________________________
25 7. CHANGED (NEW) OR ADDED INFORMATION:
26 7a. ORGANIZATION'S NAME
27 ______________________________________________________________
28 OR 7b. INDIVIDUAL'S LAST NAME FIRST NAME MIDDLE NAME SUFFIX
29 ______________________________________________________________
30 7c. MAILING ADDRESS CITY STATE POSTAL CODE COUNTRY
31 ______________________________________________________________
32 7d. TAX ID. NO. ADD'L INFO. RE 7e. TYPE OF ORGANIZATION
33 SSN OR EIN ORGANIZATION
34 DEBTOR
35 ______________ _______________ ____________________________
36 7f. JURISDICTION OF ORGANIZATION 7g. ORGANIZATIONAL
37 ID. No., if any
1 ________________________________ __________________ [ ] NONE
2 8. AMENDMENT (COLLATERAL CHANGE): check only 1 box
3 Describe collateral [ ] deleted or [ ] added, or give
4 entire [ ] restated collateral description, or describe
5 collateral [ ] assigned.
6 ______________________________________________________________
7 9. NAME OF SECURED PARTY OF RECORD AUTHORIZING THIS AMENDMENT
8 (name of assignor, if this is an Assignment). If this is an
9 Amendment authorized by a Debtor which adds collateral or
10 adds the authorizing Debtor, or if this is a Termination
11 authorized by a Debtor, check here [ ] and enter name of
12 DEBTOR authorizing this Amendment.
13 9a. ORGANIZATION'S NAME
14 ______________________________________________________________
15 OR 9b. INDIVIDUAL'S LAST NAME FIRST NAME MIDDLE NAME SUFFIX
16 ______________________________________________________________
17 10. OPTIONAL FILE REFERENCE DATA
18 ______________________________________________________________
19
20 FILING OFFICE COPY – NATIONAL UCC FINANCING STATEMENT AMENDMENT
21 (FORM UCC3) (REV. 07/29/98)
22
23 [BACK OF FORM]
24 UCC FINANCING STATEMENT AMENDMENT ADDENDUM
25 FOLLOW INSTRUCTIONS (front and back) CAREFULLY
26 11. INITIAL FINANCING STATEMENT FILE NO. (same as item 1a on
27 Amendment form)
28 ______________________________________________________________
29 12. NAME OF PARTY AUTHORIZING THIS AMENDMENT (same as item 9 on
30 Amendment form)
31 12a. ORGANIZATION'S NAME
32 ______________________________________________________________
33 OR 12b. INDIVIDUAL'S LAST NAME FIRST NAME MIDDLE NAME SUFFIX
34 ______________________________________________________________
1 13. USE THIS SPACE FOR ADDITIONAL INFORMATION
2 ____________________________________ THIS SPACE IS FOR
3 ____________________________________ FILING OFFICE USE ONLY
4
5 FILING OFFICE COPY – NATIONAL UCC FINANCING STATEMENT AMENDMENT
6 ADDENDUM (FORM UCC3Ad) (REV. 07/29/98)
7 (3) A form that a filing office may not refuse to accept
8 under subsection (1) or (2) must conform to the format prescribed
9 for the form by the national conference of commissioners.
10 Enacting section 1. Section 9501a of the uniform commercial
11 code, 1962 PA 174, MCL 440.9501a, is repealed.