Uniform Commercial Code Filing Information

Act No. 348 P.A. of 2000 as amended, Uniform Commercial Code MCLA 440.9405 etal, MSA 19.9405.

All personal property filings are to be filed with the UCC Division of the Secretary of State. Documents filed for recording with the Register of Deeds include: As-extracted collateral, Timber to be cut and Fixture Filings.

Uniform Commercial Code Fees

Fixture Filings

• Filing a Standard Form; $30.00 unlimited names, unlimited pages.

A complete legal description is required on any new filings and amendments.

Plus any of the following that apply per document:

• Additional fee for non-standard form - $7.00.
• Filings which contain more than 100 pages - $12.00.

These fees apply to any new filings and amendments. Under Revised Article 9, "amendment" is defined to include changes: new or changed debtor names, secured party names, or collateral; releases of collateral, assignments, terminations and continuations. A complete legal description is required.

Terminations

When terminating UCC’s, filed prior to July 1, 2001, that include both personal property and real estate, the termination fee will be $30.00 for personal property and $30.00 for the real estate portion of the filing, a total of $60.00.

• UCC Personal Property: $30.00 unlimited names
• Fixture Filings (real property): $30.00 unlimited names

UCC/Fixture Filings – A complete legal description is required within the state of Michigan for real estate related terminations.