Oregon UCC Filings - Individual Debtor Name Requirement

Under Senate Bill 462, the name of an individual debtor listed in a UCC filing will need to match the debtor's name on their Oregon driver's license or Oregon-issued state ID card.

As of January 1, 2016 for new UCC-1 filings, or with the next continuation for the existing UCC filings, the new requirement goes into effect.

Rather than the standard being the name the person "is commonly known by" (aka Alternative B), the debtor's name must now match their Oregon driver's license or ID (aka Alternative A). Existing valid UCC filings remain in effect until continued or no later than January 1, 2021.

TEXAS : Senate Bill #860

Senate Bill 860, effective September 1, 2015, defines owner liability, revises the signature requirements for termination, reinstatement, and certain amendments and adds a subchapter regarding ratification of defective corporate acts or shares. In addition, the Bill provides changes in various merger requirements and allowances including provisions allowing that any filing entity that is a party to a merger may include certificates of amendment, restated certificates of formation without amendment, or a restated certificates of formation containing amendments as attachments to the merger documents.

View bill

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