Texas legislature Oks electronic UCC filingBoggus, Wally
Approximately half of the financing statements indexed with filing offices nationally contain individual debtor names. The Texas legislation offers a solution to the individual debtor name concerns by creating a "safe harbor" when the financing statement provides the name of an individual debtor shown ...
in accordance with the OLP Partnership Agreement; and the OLP GP owns such general partner interest free and clear of all Liens in respect of which a financing statement under theDE UCC, naming the OLP GP as debtor is on file in the Filing Office as of the date set forth in the Search...
UCC 4AmeansArticle 4Aof theUniform Commercial Code, as adoptedby the Statewhereour principal officeis located. Sample 1 UCC 4Ameans Chapter 4A (Funds Transfer) of the TexasUniform Commercial Code, as it may be amendedfrom time to time. Sample 1 Related toUCC 4A...