How do I look up UCC filings in Oklahoma?

Records Search The Oklahoma County Clerk’s Office provides online access to real estate and Uniform Commercial Code (“UCC”) filings through the website OKCC. ONLINE. The County’s real estate and UCC records are maintained on this server for public access and are provided for information purposes only.

Where are UCC filed?

the secretary of state’s office
In all cases, you should file a UCC-1 with the secretary of state’s office in the state where the debtor is incorporated or organized (if a business), or lives (if an individual).

How long is a UCC filing good for in Oklahoma?

Entities that have an interest in a Section 202 and/or Section 811 property must file a UCC as part of the closing process and every five years thereafter.

How does a UCC lien work?

A UCC lien is a claim against your business assets under the U.S. Uniform Commercial Code. If you borrow money, a UCC filing simply lets the lender establish a priority claim on your assets. If your company goes belly up, the lien makes it easier for the lender to collect its due.

Does SBA file UCC?

Why Does the SBA File a UCC Lien? When you apply for an EIDL loan for any amount greater than $25K, the SBA files a UCC lien on your business assets. If you default on your loans, the mortgage lender will be paid off first and the SBA will be paid off second.

Can you subordinate a UCC filing?

It has a shot at the collateral only after the first lender gets what it’s owed. The first lender could, however, agree to subordinate its security interest in favor of the second lender. I.e., switch positions. The first lender would file a UCC3 Subordination form to record the switch.

Why would a loan officer perform a UCC search?

UCC liens are necessary to protect lenders from borrowers who may try to secure several loans collateralized by the same asset. For example, a manufacturer who tries to take out three loans using the same piece of equipment as collateral.

Where do I file a UCC in Oklahoma?

Currently, most UCC filings in the State of Oklahoma are filed with the Oklahoma County Clerk’s Office, which serves as a centralized and exclusive filing locations for the State of Oklahoma. Purpose of the UCC Article 9 of the UCC introduced a new concept covering the range of transactions in which debts are secured by personal property.

How to find out if someone has a UCC license in Pennsylvania?

Uniform Commercial Code Search You can find Uniform Commercial Code information on any person or corporation in Pennsylvania or other states by performing a search on the UCC website of the state or territory where the person resides or the corporation is registered.

How do I find Uniform Commercial Code information in Pennsylvania?

You can find Uniform Commercial Code information on any person or corporation in Pennsylvania or other states by performing a search on the UCC website of the state or territory where the person resides or the corporation is registered.

Where do I file a security interest statement in Oklahoma?

Filing a Financing Statement The proper place to file a financing statement in order to perfect a security interest is the UCC Central Filing Office, located in the Offices of the Oklahoma County Clerk. Transmitting Utilities and EFS Forms are filed at the Secretary of State.