DEPARTMENT OF STATE

                     OFFICE OF CUSTOMER SERVICES

               UNIFORM COMMERCIAL CODE FILING OFFICE

(By authority conferred on the department of state by section 9526 of 2000 PA 
348, MCL 440.9526)

                    PART 1.  GENERAL PROVISIONS

R 440.101    Duties and responsibilities of filing officer.
  Rule 101.  The duties and  responsibilities  of  the  filing  officer  with 
respect to the administration of the UCC are ministerial.  In  accepting  for 
filing  or refusing to file a financing statement pursuant to  these   rules, 
the  filing officer does none of the following:
  (a) Determine the legal sufficiency or insufficiency of a record.
  (b) Determine that a security interest in collateral  exists  or  does  not 
exist.
  (c) Determine that information in the record  is  correct   or   incorrect, 
in whole or in part.
  (d) Create a presumption  that  information  in  the  record   is   correct 
or incorrect, in whole or in part.

  History: 2002 MR 21, Eff. Nov. 20, 2002.


R 440.102    Definitions.
  Rule 102.  (1) As used in these rules:
  (a) "Amendment" has  the  meaning  given  it  in   UCC   section   9512.
Amendments include assignments, continuations, and terminations.
  (b) "Assignment" is an amendment that purports to reflect   an   assignment 
of all or a part of a secured party's power  to  authorize  an  amendment  to
 a financing statement.
  (c) "Correction statement" means a  record  that  indicates,   under    UCC 
section 9518, that a financing statement is inaccurate or wrongfully filed.
  (d) "File number" means the  unique  identification  number   assigned   to 
an initial financing  statement  by  the  filing  officer  for  the   purpose 
of identifying the initial financing statement and  permanently   associating 
the initial financing statement with all financing statements related  to  it
 in the UCC  information  management  system.  The  filing  number  bears  no 
relation to the time of filing and is not an indicator of priority.
  (e) "Filing office" and "filing officer" mean the  UCC  section   of    the 
office of secretary of state or its successor.
  (f) "Individual"  means a human being, or a decedent in  the  case   of   a 
debtor that is the decedent's estate.
  (g) "Initial financing statement" means a financing  statement   containing 
the information required by UCC section 9502,  which,  when  filed,   creates 
the initial record in the UCC information management system.
  (h) "Remitter"  means a person who  tenders  a  financing   statement    to 
the filing officer for filing, whether the person is a filer or   an    agent 
of  a filer responsible for tendering the record  for   filing.    "Remitter" 
does  not include a person  responsible  merely  for  the  delivery  of   the 
financing statement to the filing office, such as  the  postal  service  or a 
 courier service,  but  does  include  a  service  provider  who  acts  as a  
filer's representative in the filing process.
  (i) "Request for expediting" means a  search   request   to    provide    a 
search report on the day of the inquiry.
  (j) "UCC"  means the uniform commercial code as adopted in this  state  and 
in effect from time to time.
  (k)  "UCC  information  management   system"    means    the    information 
management system used by the filing officer to store, index,  and   retrieve 
information relating to financing statements.
  (l) "Unique identification number" or  "identification  number"   means   a 
number that includes the year of filing expressed as the first 4 digits of  a 
unique number assigned to the financing statement by the filing office and  a 
1?digit verification number, to be referred to as a  check  digit,   assigned 
by  the filing office, but mathematically derived from other numbers  in  the
 unique number.
  (2) A word or term defined in the UCC has the same  meaning  when  used  in 
these rules.

  History: 2002 MR 21, Eff. Nov. 20, 2002.


R 440.103    Financing statement delivery.
  Rule 103. Financing statements may be  tendered   for   filing    at    the 
filing office as follows:
  (a) By personal delivery at the filing office's street address.
  (b) By courier delivery at the filing office's street address.
  (c) By postal service delivery to the filing office's mailing address.
  (d) When made available by the filing office, by  electronic   transmission 
to the filing office in a manner  prescribed  by  the  filing  officer  using
 a  standard   approved   by     the     international     association     of 
corporation administrators and adopted by the filing officer.
  (e) By telefacsimile  delivery  to  the  filing   office's    fax    filing 
telephone number.
  (f) When made available by the filing office, by direct on-line   or    web 
page data entry transmission to the filing office in a manner  prescribed  by
 the filing officer.
  (g) By e-mail delivery to the filing office's e-mail address.

  History: 2002 MR 21, Eff. Nov. 20, 2002.


R 440.104    Search request delivery.
  Rule 104.  (1) UCC search requests may be delivered to the  filing   office 
by any of the means by which financing statements may  be  delivered  to  the 
filing office.  A request for expediting may also be delivered by telephone.
  (2) UCC search requests  upon  a  debtor  named  on  an  initial  financing 
statement may be made by an appropriate indication on the face of the initial 
financing statement form if the form is entitled to be filed.   The    filing 
office  may require that the relevant  search  fee  be  tendered   with   the 
initial  financing statement.

  History: 2002 MR 21, Eff. Nov. 20, 2002.


R 440.105    Approved forms.
  Rule 105.  (1) The following forms are  approved  for  filing   a   written 
initial financing statement or a written financing statement amendment:
  (a) An initial financing  statement  form  as  prescribed  in  UCC  section 
9521(1).
  (b) A financing statement amendment  form  as  prescribed  in  UCC  section 
9521(2).
  (c) An initial financing statement form or  financing  statement  amendment 
form approved by the international association of  corporate   administrators 
after July 1, 2001.
  (d) An initial financing statement form or  financing  statement  amendment 
form approved by the national conference of commissioners on  uniform   state 
laws after July 1, 2001.
  (e) An initial financing statement form or  financing  statement  amendment 
form approved by the filing officer after July 1, 2001.
  (f) If and when operational as determined  by  the  filing   officer,    an 
initial financing   statement    or     financing     statement     amendment 
transmitted electronically as prescribed by the filing officer.
  (2) The additional filing fee provided in UCC section   9525(1)(a)    shall 
not apply to a  written  initial   financing   statement   or    a    written 
financing statement amendment specified in subrule (1)(a) or (b) of this rule.
  (3) The additional filing fee provided in UCC  section   9525(1)(a)   shall 
apply to  an  initial  financing  statement  or   a    financing    statement 
amendment  not specified in subrule (1)(a) or (b) of this rule.

  History: 2002 MR 21, Eff. Nov. 20, 2002.


R 440.106    Methods of payment.
  Rule 106.  Filing fees and fees for public records services may   be   paid 
by the following methods:
  (a) Cash.
  (b) A check made payable to "State  of  Michigan,"  including   checks   in 
an amount to be filled in by a  filing  officer,  but  not  to    exceed    a 
particular amount, will be accepted for payment if it is a cashier's check or
 certified check drawn on a bank acceptable to the filing office or  if   the 
drawer  is acceptable to the filing office.
  (c) Billing account.
  (d) The filing office will accept payment  via  electronic  funds  transfer 
under national automated clearing house association  ("NACHA")   rules   from 
remitters who have  entered  into  appropriate  NACHA-approved   arrangements 
for  such transfers  and  who  authorize  the  relevant   transfer   pursuant 
to   such arrangements and rules.
  (e) If and when operational as determined by  the  filing   officer,    the 
filing office may accept a credit card  issued  by  approved   credit    card 
issuers,  in place of cash or a check, as payment for filing  fees  and  fees
 for  public records services.  Remitters shall provide  the  filing  officer 
with  the  card number, the expiration date of the  card,  the  name  of  the
 approved  card issuer, the name of the person or entity to whom the card was 
issued and  the billing address for the card.  Payment  will  not  be  deemed 
tendered  until  the issuer or its agent has confirmed to the  filing  office 
that payment  will  be forthcoming.

  History: 2002 MR 21, Eff. Nov. 20, 2002.


R 440.107    New practices and technologies.
  Rule 107.   The  filing  officer  is  authorized  to  adopt  practices  and 
procedures to accomplish receipt, processing, maintenance,  retrieval,    and 
transmission of, and remote access to, article 9  filing  data  by  means  of
 electronic, voice, optical, and other technologies,  and,  without  limiting 
the  foregoing, to maintain and operate, in addition to  or  in  place  of  a 
paper-based  system, a non-paper-based article 9 filing system utilizing  any 
available technology.
In developing and utilizing technologies and practices,  the  filing  officer 
shall, to the greatest extent feasible, take into account  compatibility  and 
consistency  with,  and  whenever  possible  uniformity  with,  technologies, 
practices, policies, and rules adopted in connection with  article  9  filing 
systems in other states.

  History: 2002 MR 21, Eff. Nov. 20, 2002.


              PART 2. ACCEPTANCE AND REFUSAL OF DOCUMENTS

R 440.201    Duty to file.
  Rule 201. If there is no ground to refuse acceptance of the document  under 
R 440.202, then a financing statement is filed upon  its  receipt   by    the 
filing officer with the filing fee and the filing officer   shall    promptly 
assign  a file number or identification number to the financing statement and 
index  it in the information management system.

  History: 2002 MR 21, Eff. Nov. 20, 2002.


R 440.202    Grounds for refusal.
  Rule 202. (1) The following grounds are  the   sole   grounds    for    the 
filing officer's refusal to accept a financing statement for filing:
  (a) Except as provided  in  paragraph  (v)   of   this    subdivision,    a 
financing statement that adds 1 or  more  debtors  shall  be    refused    if 
any  of  the following circumstances exist:
  (i) The document is an initial financing statement and fails  to    include 
any of the following information:
  (A) A legible debtor name.
  (B) A legible debtor address.
  (C)  The  identification  of  each  named  debtor  as  an   individual   or 
an organization.
  (ii) The document is an amendment  and  fails  to  include  any   of    the 
following information:
  (A) A legible debtor name for the debtor being added.
  (B) A legible address for the debtor being added.
  (C)  The  identification  of  each  named  debtor  as  an   individual   or 
an organization.
  (iii) The last name of each individual debtor is not identified.
  (iv) For each debtor identified as an organization,  the   document   fails 
to include any of the following in legible form:
  (A) The organization type.
  (B) The state of organization.
  (C) The organization number, or a statement that the debtor does  not  have 
an organization number.
  (v) If the document contains more than 1 debtor name   or    address    and 
some names or addresses are missing or illegible, the filing  officer   shall 
index the legible name and address pairings, and provide a notice   to    the 
remitter containing  the  file  number  or  identification  number   of   the 
document, identification of the debtor names  that  were  indexed,   and    a 
statement  that debtors with illegible or missing names or addresses were not 
indexed.
  (b) Except as provided  in  paragraph  (iv)  of   this    subdivision,    a 
financing statement adding 1 or more secured parties of record or   assignees 
shall  be refused if any of the following exist:
  (i) The document is an initial   financing   statement   and    fails    to 
include either of the following in legible form:
  (A) Secured party name.
  (B) Secured party address.
  (ii) The document is  an  amendment  and  fails  to  include   either    of 
the following in legible form:
  (A) A name for the secured party being added.
  (B) An address for the secured party being added.
  (iii) The document is an assignment  and  fails  to  include   either    of 
the following in legible form:
  (A) A name for the assignee.
  (B) An address for the assignee.
  (iv) If the document contains more than 1 secured party, or assignee,  name 
or address and some names or addresses are  missing   or    illegible,    the 
filing officer shall index the legible name and   address    pairings,    and 
provide   a  notice  to  the  remitter  containing   the   file   number   or 
identification number of the document, identification of the  secured  party, 
or  assignee  names  that were indexed, and  a   statement    that    secured 
parties  and  assignees  with illegible or missing names  or  addresses  were 
not indexed.
  (c) A financing statement other than an initial financing  statement  shall 
be refused if the document does  not   provide   a   file   number    of    a 
financing statement in the UCC information management system that   has   not 
lapsed,  or, until June 30, 2006, a number associated with  a  UCC  financing 
statement filed in this state before June 30, 2001, that has not lapsed.
  (d) A continuation shall be refused if it  is  not  received   during   the 
6-month period concluding  on  the  day  upon  which  the  related  financing 
statement would lapse.  Both of the following apply to filing a continuation:
  (i) The first day on which a continuation may be filed is  the   date    of 
the month corresponding to the date upon  which  the   financing    statement 
would lapse, 6 months preceding the month in which the  financing   statement 
would lapse. If there  is  no  such  corresponding  date  during  the   sixth 
month preceding the month in which the financing  statement   would    lapse, 
then  the first day on which a continuation may be filed is the last  day  of 
the  sixth month preceding the month in  which  the    financing    statement 
would  lapse, although filing by certain means may not be possible  on   such 
date  if  the filing office is not open on such date.
  (ii) The last day on which a continuation may be filed  is  the  date  upon 
which the financing statement lapses.
  (e) A financing statement shall be refused if the document  is  accompanied 
by less than the full filing fee tendered by a method described in R 440.106.
  (f) Financing statements communicated to the filing  office  by   a   means 
of communication not authorized by the filing officer for the   communication 
of financing statements shall be refused.
  (2) As used in this rule, the term "legible" is not limited to  refer  only 
to  written  expressions  on  paper.   It   requires    a    machine-readable 
transmission for  electronic  transmissions  and   an    otherwise    readily 
decipherable transmission in other cases.
  (3) A financing statement that does not identify itself as   an   amendment 
or identify an initial financing statement to which it relates, as   required 
by MCL 440.9512, 440.9514, or 440.9518, is an initial financing statement.

  History: 2002 MR 21, Eff. Nov. 20, 2002.


R 440.203    Grounds not warranting refusal.
  Rule 203. (1) The sole grounds for the filing officer's refusal to   accept 
a financing statement for filing are enumerated in R 440.202.
  (2) The following are examples of defects that do not  constitute   grounds 
for refusal to accept a document:
  (a) The financing statement contains or appears to contain  a   misspelling 
or other apparently erroneous information.
  (b) The financing statement appears to identify a debtor incorrectly.
  (c) The financing statement appears to identify  a  secured  party   or   a 
secured party of record incorrectly.
  (d) The financing statement contains additional or  extraneous  information 
of any kind.
  (e) The financing statement contains less than the   information   required 
by article 9 of  the  UCC,  provided  that  the   document    contains    the 
information required in R 440.202.
  (f) The financing statement incorrectly identifies collateral, or  contains 
an illegible or unintelligible description of collateral, or does not  appear 
to contain a description of collateral.
  (g) The document is accompanied by funds in excess of the full filing fee.
  (3)  The  examples  enumerated  in  subrule  (2)  of  this  rule  are   not 
a comprehensive enumeration of defects  outside  the  scope   of    permitted 
grounds for refusal to accept a financing statement for filing.

  History: 2002 MR 21, Eff. Nov. 20, 2002.


R 440.204    Procedure upon refusal.
  Rule 204. If the filing officer finds  grounds   under   R    440.202    to 
refuse acceptance of a financing statement, then  the  filing  officer  shall 
return the document, if written, to the remitter and shall refund the  filing
 fee  upon request. The filing officer shall send a notice that contains  the
 date  and time the document would have been filed had  it   been    accepted 
for  filing, unless the date and time are stamped  on  the  document,  and  a 
brief description of the reason for refusal to accept the  document  under  R 
440.202. The  notice shall be sent  to  a  secured  party  or  the  remitter,
 as  provided  in  R 440.402(2)(b), not later than the  second  business  day 
after the filing office receives the document.  The refund may  be  delivered 
with the notice or  under separate cover.

  History: 2002 MR 21, Eff. Nov. 20, 2002.


R 440.205    Acknowledgment.
  Rule 205. Upon the request of  a  filer   or   remitter   who    files    a 
written financing statement, the filing officer shall send to the  filer   or 
remitter an image of the record of the financing statement showing  the  file 
number  or identification number assigned to it and  the  date  and  time  of 
filing.  For  a financing statement not filed in  written  form,  the  filing
 officer  shall communicate to the filer or remitter the information  in  the 
filed  document, the file number or identification number, and the  date  and 
time of filing.

  History: 2002 MR 21, Eff. Nov. 20, 2002.


R 440.206    Responsibility for legal effectiveness.
  Rule 206. The responsibility for the legal effectiveness  of  filing  rests 
with filers and remitters and the filing office bears no  responsibility  for 
legal effectiveness.

  History: 2002 MR 21, Eff. Nov. 20, 2002.


R 440.207    Refusal errors.
  Rule 207.  If  a  secured  party  or  a  remitter  demonstrates   to    the 
satisfaction of the filing  officer  that  a  financing  statement  that  was 
refused for  filing should not have been refused under R  440.202,  then  the 
filing  officer  shall file the financing  statement  as  provided  in  these 
rules, reflecting a  filing date and time when filing should have occurred.
The  filing  officer  shall also file a filing officer statement that  states 
that the effective date  and  time  of  filing  is  the  date  and  time  the 
financing  statement  was  originally tendered for filing, and sets forth the 
date and time.  The demonstration  of  error  shall  constitute  the  secured 
party's   or   remitter's   authorization   to  file  the  filing   officer's 
correction statement.


               PART 3. UCC INFORMATION MANAGEMENT SYSTEM


R 440.301    Primary data elements.
  Rule 301.   (1)   The   primary   data   elements   used   in    the    UCC 
information management system are the following:
  (a) Identification number, as follows:
  (i) Each initial financing statement is identified  by  its   file   number 
as described in R 440.102(1)(d).
  (ii) A financing statement other  than  an  initial   financing   statement 
is identified by a  unique  identification  number  assigned  by  the  filing 
officer.
  (b) Type of financing statement.
  (c) Filing date and time of financing statements.
  (d) The names and addresses of debtors and secured parties.
  (e) Status of each financing statement as active or inactive.
  (f) The total number of pages in a financing statement.
  (g) A lapse indicator that identifies when  a  financing   statement   will 
lapse.
The lapse date of an initial financing statement is determined as provided in 
R 440.404 based upon its filing date.
  (2) A record  is  created  and  maintained   in   the    UCC    information 
management system for each initial financing statement.
  (3) A record  is  created  and  maintained   in   the    UCC    information 
management  system  for  each  financing  statement  other  than  an  initial 
financing statement and is linked  to  the  record  of  its  related  initial 
financing statement.
  (4) The  records  created  and  maintained   in   the    UCC    information 
management system for each initial financing  statement  and  all   financing 
statements relating to it are permanently associated with one another.

  History: 2002 MR 21, Eff. Nov. 20, 2002.


R 440.302    Names of individuals.
  Rule 302. The following provisions apply to the name of an individual  who, 
or whose estate, is a debtor or a secured party on a financing statement:
  (a) Separate data entry fields are established for first,    middle,    and 
last names of individuals. The filing officer assumes no  responsibility  for
 the accurate designation of the components of a name, but  will   accurately 
enter the data in accordance with  the  filer's  designations,  as   required 
by  R 440.407(2)(b).
  (b) Titles and prefixes, such as   "doctor,"   "reverend,"    "Mr.,"    and 
"Ms.," should not be provided   by   filers   in   financing   statements.
However,  as provided  in  R  440.407,  when  a  financing    statement    is 
submitted  with designated name fields, the data shall be  entered   in   the 
UCC  information management system exactly as it appears.
  (c) Titles and  suffixes,  or  indications  of  status  such   as    "M.D." 
and "esquire" are not part of an individual's name and should not be provided
 by filers in financing statements.  However, as provided  in   R    440.407, 
when  a financing statement is submitted with  designated  name  fields,  the 
data  shall be entered in the UCC information management system exactly as it 
appears.
  (d) Suffixes that  indicate  which  individual  is  being  named,  such  as 
"senior," "junior," "I," "II,"  and  "III,"  are  appropriate  and  shall  be 
entered  exactly as it  appears  into  the   UCC    information    management 
system  in  a  field designated for name suffixes.
  (e) Name fields for individuals in the UCC information  management   system 
are fixed in length. Although filers shall continue  to  provide  full  names
 of individuals on their financing statements, a  name  that   exceeds    the 
fixed length of a name field is entered as presented to the  filing  officer, 
up  to the maximum length of the field. The maximum lengths of  name   fields 
are  as follows:
  (i) First name, 40 characters.
  (ii) Middle name, 20 characters.
  (iii) Last name, 70 characters.
  (iv) Suffix, 20 characters.

  History: 2002 MR 21, Eff. Nov. 20, 2002.


R 440.303    Names of organizations.
  Rule 303.  Both  of  the  following  provisions  apply  to  the   name   of 
an organization that is a debtor or a secured party on a financing statement:
  (a) A single field is used to store an organization name.
  (b) The organization name field in the UCC information  management   system 
is fixed in length. The maximum length is 250  characters.   Although  filers 
shall continue  to  provide  full  names  of    organizations    on     their 
financing statements, a name that exceeds the fixed length  is   entered   as 
presented  to the filing officer, up to the maximum length of the field.

  History: 2002 MR 21, Eff. Nov. 20, 2002.


R 440.304    Estates.
  Rule 304. Although estates are not human beings, the  names   of    estates 
are entered into the  UCC  information  management  system,   as    specified 
in  R 440.302, as if the decedents were the debtors.

  History: 2002 MR 21, Eff. Nov. 20, 2002.


R 440.305    Trusts.
  Rule 305. (1) If the trust is named in its organic  documents,   its   full 
legal name, as set forth in the  documents,   is   entered   in    the    UCC 
information management system as an organization under R 440.303.
  (2) If the trust is not named in its organic documents, then the  name   of 
the settlor is used as the  trust   name   and   entered   into    the    UCC 
information management system in the following manner:
  (a) If the settlor is indicated to be  an  organization,  then   the   name 
is entered as an organization name under R 440.303.
  (b) If the settlor is indicated to be  an  individual,  then  the  name  is 
entered as an individual name under R 440.302.

  History: 2002 MR 21, Eff. Nov. 20, 2002.


R 440.306    Initial financing statement.
  Rule 306. Upon the filing of an initial financing statement,   the   status 
of the parties and the status of the financing statement shall be as follows:
  (a) Each secured party named on an initial financing  statement  shall   be 
a secured party of record, except that if  the  initial  financing  statement 
names an assignee, then the secured party/assignor shall  not  be  a  secured 
party  of record and the secured party/assignee shall be a secured  party  of 
record.
  (b) The status of a debtor named on the initial financing  statement  shall 
be active and shall  continue  as   active   until   1   year    after    the 
financing statement lapses.
  (c) The status of the financing statement shall be  active.  A  lapse  date 
shall be calculated 5 years from the filing  date,   unless    the    initial 
financing statement indicates  that  it  is  filed  with   respect    to    a 
manufactured  home transaction, in which case the  lapse  date  shall  be  30 
years from  the  filing date,  or  if  the  initial    financing    statement 
indicates  that  it  is  filed against a  transmitting  utility,  then  there 
shall be no lapse date.
A financing statement remains active until 1 year after it lapses, or, if  it 
is indicated to be filed against a transmitting utility, until 1  year  after 
it is terminated with respect to all secured parties of record.

  History: 2002 MR 21, Eff. Nov. 20, 2002.


R 440.307    Amendment.
  Rule 307. Upon the filing of an amendment, the status of the  parties   and 
the status of the financing statement shall be as follows:
  (a) An amendment that amends only the collateral description  or    1    or 
more addresses has no effect upon the status of any debtor or secured  party.
If an amendment is authorized by less than all of the secured  parties    or, 
in  the case of an amendment that adds  collateral,  less  than  all  of  the 
debtors, then the amendment affects only the interests  of  each  authorizing 
secured party or debtor.
  (b) An amendment that changes a debtor's name has no effect on  the  status 
of any debtor or secured   party,   except   that   the    related    initial 
financing statement  and  all  related  financing   statements    permanently 
associated  with one another shall be cross-indexed in the  UCC   information 
management  system so that a search under either the debtor's old name or the 
debtor's new   name  will  reveal  all  related  financing   statements.   An 
amendment  that  changes  a debtor's name affects only the  rights   of   its 
authorizing  secured  party  or parties.
  (c) An amendment that changes the name of a secured party has   no   effect 
on the status of any debtor or any secured party, but the new name is   added 
to the UCC information management system as if it were  the  name  of  a  new 
secured party of record.
  (d) An amendment that adds a new debtor name has no effect upon the  status 
of any party to the financing statement, except the new  debtor  name   shall 
be added to the UCC information management system  as  a  new   debtor.   The 
addition of a new debtor name shall affect only the rights of   the   secured 
party  or parties authorizing the amendment.
  (e) An amendment that adds a new secured party shall not affect the  status 
of any party to the financing statement, except that the new  secured   party 
name shall be added to the UCC information management  system  as    a    new 
secured party.
  (f) An amendment that deletes a debtor has no effect on  the   status    of 
any party to the financing statement, even if the amendment    purports    to 
delete all debtors.
  (g) An amendment that deletes a secured party of record has no  effect   on 
the status of any party  to  the   financing   statement,   even    if    the 
amendment purports to delete all secured parties of record.
  (h) An amendment shall have  no   effect   upon   the   status    of    the 
financing statement, except that a continuation may extend  the   period   of 
effectiveness of a financing statement.

  History: 2002 MR 21, Eff. Nov. 20, 2002.


R 440.308    Assignment of powers of secured party of record.
  Rule 308. Upon the filing of an assignment, the status of the  parties  and 
the status of the financing statement shall be as follows:
  (a) An assignment shall have no effect on the status of the   parties    to 
the financing statement, except that each assignee named in  the   assignment 
shall become a secured party of record.
  (b) An assignment shall have  no  effect   upon   the   status    of    the 
financing statement.

  History: 2002 MR 21, Eff. Nov. 20, 2002.


R 440.309    Continuation statement.
  Rule 309. (1)Upon the timely  filing  of  a  continuation   statement    by 
any secured party of record, the lapse date of the financing statement  shall
 be extended by 5 years.
  (2) The filing of a continuation statement shall  have  no   effect    upon 
the status of any party to the financing statement.
  (3) Upon the filing of  a  continuation  statement,  the  status   of   the 
financing statement remains active in the UCC information  management  system
 until  1 year after it lapses, as prescribed in subrule (1) of this rule.
R 440. 310 Termination statement.
Rule 310. (1) The filing of a termination  shall  have  no  effect  upon  the 
status of any party to the financing statement.
  (2) The filing of a termination shall have no effect upon the  status    of 
the financing statement and, except as provided in subrule (3) of this  rule, 
the financing statement shall  remain  active  in   the    UCC    information 
management system until 1 year after it lapses.
  (3) If the termination relates to a financing statement that  indicates  it 
is filed against a transmitting utility,  then  the    financing    statement 
shall become inactive 1 year after it is terminated with  respect   to    all 
secured parties of record.

  History: 2002 MR 21, Eff. Nov. 20, 2002.


R 440.311    Correction statement.
  Rule 311. Upon the filing of  a  correction  statement,  the   status    of 
the parties and the status of the financing statement shall be as follows:
  (a) The filing of a correction statement shall  have  no  effect  upon  the 
status of any party to the financing statement.
  (b) The filing of a correction statement shall  have  no  effect  upon  the 
status of the financing statement.

  History: 2002 MR 21, Eff. Nov. 20, 2002.


R 440.312    Procedure upon lapse.
  Rule 312. (1) If there is no timely filing of a continuation  with  respect 
to a financing statement, then the financing statement lapses  on  its  lapse 
date, but shall remain active in the  UCC  information   management    system 
until  the first anniversary of its lapse date.
  (2) On the first anniversary of the lapse date of a  financing   statement, 
the financing  statement   shall   be   deemed   inactive    in    the    UCC 
information management system and  the   financing   statement    shall    no 
longer   be   made  available  to  a  searcher,  unless  inactive   financing 
statements  are  requested by the searcher and  the  financing  statement  is 
still retrievable by  the  UCC information management system.


                  PART 4. FILING AND DATA ENTRY PROCEDURES


R 440.401    Data entry.
  Rule 401. Except as provided in these  rules,  data  is  transferred   from 
a financing statement to the UCC information management system  exactly    as 
set forth in the document.  Personnel creating  reports  in    response    to 
search requests type search criteria exactly  as  set  forth  on  the  search 
request.  No effort is made by the filing office to detect or correct  errors 
of any kind.

  History: 2002 MR 21, Eff. Nov. 20, 2002.


R 440.402    Document indexing.
  Rule 402. (1) The date and time of receipt  are  noted  on   the   document 
or otherwise permanently associated  with  the  record  maintained   for    a 
financing statement in the UCC information management system at the  earliest
 possible time.
  (2) The filing office determines whether  a  ground  exists    to    refuse 
the document under R 440.202.  If there is  no  ground  for  refusal  of  the 
document, then all of the following provisions apply:
  (i)  The  document  is  stamped  or   deemed   filed    and    a     unique 
identification number  and  the  filing  date  is  stamped  on  the  document
 or  otherwise permanently associated with  the  record  maintained   for   a 
financing  statement in the UCC information management system.
  (ii) An acknowledgment of filing is prepared as provided  in   R    440.206 
and delivered as provided in subrule (3) of this rule.
  (iii) The sequence of the identification number is not an  indication    of 
the order in which the document was received.
If there is a ground for  refusal  of  the  document,  then  notification  of 
refusal to accept the document is prepared  as  provided  in  R  440.205  and 
delivered as provided in subrule (3) of this rule.
  (3) If the financing statement was  tendered  in  person,  then  notice  of 
refusal or acknowledgment of the filing may be given  by    delivering    the 
notice  or acknowledgment to the person  tendering  the  filing  by  personal 
delivery, or by first class mail or overnight courier as provided   in   this 
subrule.   If  the financing statement was tendered by on-line  access,  then 
notice of refusal or acknowledgment of filing  is  given  by  delivering  the 
notice or  acknowledgment to the remitter by on-line response  that  includes 
the information required by R 440.205  or  R  440.  206.   Acknowledgment  of 
filing or notice of refusal of  a financing statement tendered by other means 
is given by delivering the notice or acknowledgment to the secured party,  or 
the first secured party  if  there are more than 1  named  on  the  financing 
statement by first class mail, or,  if the remitter so requests,   by   first 
class  mail  to  the  remitter,  or  by overnight courier to the remitter  if 
the remitter provides a prepaid  waybill or access to the remitter's  account 
with the courier.

  History: 2002 MR 21, Eff. Nov. 20, 2002.


R 440.403    Filing date and time.
  Rule 403. (1) Except as provided in subrule (2) of this  rule,  the  filing 
date and time of a financing statement received with  the    proper    filing 
fee  is determined in the following manner:
  (a)  For a financing statement delivered to the filing office  as  provided 
in R 40.103(a), the date and time delivery is receipted by the filing office.
  (b) Notwithstanding  the  time  of  delivery,  for  a  financing  statement 
delivered to the filing office as provided in R 440.103(b), (c),   (e),    or 
(g)  during regular business hours,  the  earlier  of  the  date   and   time 
delivery  is receipted, or the next close of business following delivery.
  (c) For a financing statement transmitted to the filing office as  provided 
in R 440.103(d), the date  and  time  the  filing  office   determines   that 
all required elements of the transmission have   been   received    in    the 
required format and are machine-readable.
  (d) For a financing statement transmitted to the filing office as  provided 
in R 440.103(f), the date and time the financing statement has been  accepted 
for filing by the filing office's direct on-line entry system.
  (2) Except as provided in subrule (1)(c) and (d)  of   this    rule,    the 
filing date and time of a financing statement received after regular business
 hours or on a day the filing office is not open for business is the  earlier 
of  the date and time delivery is receipted by the filing office on the  next 
day  the office is open for business, or the close of business on  the   next 
day  the filing office is open for business.
  (3) The filing officer  may  perform  any  duty  relating  to  a  financing 
statement on the filing date or on a date after the filing date.

  History: 2002 MR 21, Eff. Nov. 20, 2002.


R 440.404    Lapse date and time.
  Rule 404. (1) Except as provided in subrule (3) of this rule, a lapse  date 
is calculated for each initial financing statement in the following manner:
  (a) Unless the initial financing statement indicates that it    is    filed 
with respect to a manufactured home transaction, then the lapse date is   the 
same date of the same month as the filing date in the fifth year  after   the 
filing date  or  relevant  subsequent  fifth  anniversary  thereof    if    a 
timely continuation statement is filed.
  (b) If the initial financing  statement  indicates  that  it    is    filed 
with respect to a manufactured home transaction, then the lapse date is   the 
same date of the same month as the filing date in the  thirtieth  year  after
 the filing date or relevant subsequent fifth  anniversary  thereof   if    a 
timely continuation statement is filed.
  (2) The lapse takes effect at midnight at the end of  the  lapse   date.
The relevant anniversary for a February 29 filing date shall be March 1.
  (3) A lapse date is not calculated for an initial    financing    statement 
that indicates the debtor to be a transmitting utility.

  History: 2002 MR 21, Eff. Nov. 20, 2002.


R 440.405    Errors of the filing officer.
  Rule 405. The  filing  office  may   correct   the   errors    of    filing 
officer personnel in the UCC information  management  system  at  any  time.
If   the  correction  is  made  after  the  filing  officer  has   issued   a 
certification  date  that  includes  the  filing  date   of    a    corrected 
document,  then  the  filing officer  shall  make  an  entry  on  the  record 
relating  to   the   relevant   initial  financing  statement  in   the   UCC 
information  management  system  stating  the  date  of  the  correction  and 
explaining the nature of the corrective  action  taken.
The record shall be preserved for so  long  as  the  record  of  the  initial 
financing statement is preserved in the UCC information management system.

  History: 2002 MR 21, Eff. Nov. 20, 2002.


R 440.406    Errors other than filing office errors.
  Rule 406. An error by a filer is the responsibility of  the    filer.     A 
filer can correct an error by filing an amendment.  A person   under    whose 
name  a record is indexed can  disclose  an  error  by  filing  a  correction 
statement.

  History: 2002 MR 21, Eff. Nov. 20, 2002.


R 440.407    Data entry of names; designated fields.
  Rule 407. (1) A financing statement shall designate whether a name   is   a 
name of an individual or  an  organization  and,  if  an  individual,   shall 
also designate the first, middle, and last names and any suffix.
  (2) Both of the following provisions apply to the data entry    of    names 
into the UCC information management system:
  (a)  Organization  names  are  entered  in  the  field  designated   for an 
organization name exactly as set forth in the financing statement, even if it 
appears that multiple names are set forth in  the   document   or    if    it 
appears that the name of  an  individual  has  been  included  in  the  field 
designated  for an organization name.
  (b) Individual names are entered into the first, middle, and   last    name 
and suffix fields exactly as set forth on the financing statement.

  History: 2002 MR 21, Eff. Nov. 20, 2002.


R 440.408    Data entry of names; no designated fields.
  Rule 408. (1) If an initial financing statement or an amendment that   adds 
a debtor to a financing statement fails to specify whether  the   debtor   is 
an individual or an organization and is accepted for filing in  error,   then 
all of the following provisions apply:
  (a) When not set forth in a field designated for individual names,  a  name 
is treated as an organization name if it contains words   or    abbreviations 
that indicate  status  such  as  any  of  the  following  and  similar  words
  or abbreviations in foreign languages:
  (i) Association.
  (ii) Church.
  (iii) College.
  (iv) Company.
  (v) Co.
  (vi) Corp.
  (vii) Corporation.
  (viii) Inc.,
  (ix) Limited.
  (x) Ltd.
  (xi) Club.
  (xii) Foundation.
  (xiii) Fund.
  (xiv) L.L.C.
  (xv) Limited liability company.
  (xvi) Institute.
  (xvii) Society.
  (xviii) Union.
  (xix) Syndicate.
  (xx) GmBH.
  (xxi) S.A. de C.V.
  (xxii) Limited partnership.
  (xxiii) L.P.
  (xxiv) Limited liability partnership.
  (xxv) L.L.P.
  (xxvi) Trust.
  (xxvii) Business trust.
  (xxviii) Co-op.
  (xxix) Cooperative.
  (xxx) Other  designations  established  by   statutes   to    indicate    a 
statutory organization. In   cases   where   organization    or    individual 
status  is  not designated by the filer and is not clear, the filing  officer 
shall enter  the name in the organization field.
  (b) A name is entered as the name of an individual and not  the   name   of 
an organization when the name is followed by a title  substantially   similar 
to one of the following titles or the equivalent of one  of   the   following 
titles in a foreign language:
  (i) Proprietor.
  (ii) Sole proprietor.
  (iii) Proprietorship.
  (iv) Sole proprietorship.
  (v) Partner.
  (vi) General partner.
  (vii) President.
  (viii) Vice president.
  (ix) Secretary.
  (x) Treasurer.
  (xi) M.D.
  (xii) O.D.
  (xiii) D.D.S.
  (xiv) Attorney at law.
  (xv) Esq.
  (xvi) Accountant.
  (xvii) CPA.
In such cases, the title is not entered.
  (c) Where it is apparent that the name of an individual and the   name   of 
an organization are stated on a  single  line  and  not  in   a    designated 
individual name field, the name  of  the  individual  and  the  name  of  the 
organization shall be  entered   as   2   separate   debtors,   1    as    an 
individual  and  1  as  an  organization.  Additional  filing  fees  for  the 
additional debtor name  will  be required.
  (2) If an initial financing statement or an amendment that adds a debtor to 
a financing statement fails to designate the last  name  of   an   individual 
debtor and is accepted for filing  in  error,  or  if  only  the  last   name 
of  an individual debtor is designated in  an  initial  financing   statement 
or  an amendment that adds a debtor to  a  financing  statement,   then   all 
of  the following provisions apply:
  (a) An initial in the first position of the name is treated as a first name.
An initial in the second position of the name is treated as a middle name.
  (b) An initial and a name to which the  initial   apparently   corresponds, 
as indicated by parentheses or similar punctuation, is entered  into  1  name 
field only.
  (c) Two individual names  contained  in  a  single  line  are  entered   as 
2 different debtors.
  (d) A 1-word name is entered as a last name.
  (e) A nickname, as  indicated  by  parentheses  or   similar   punctuation, 
is entered in the name field together with the name preceding the   nickname, 
or if none, then as the first name.

  History: 2002 MR 21, Eff. Nov. 20, 2002.


R 440.409    Verification of data entry.
  Rule 409. The filing officer may use  a  number  of   different   processes 
to verify the accuracy of data entry tasks, such as any of the following:
  (a) Use of different staff to enter and verify data.
  (b) Double blind keying for key fields, such as debtor names.
  (c) Use of frequent party lists.
  (d) Visual inspection of entered data.

  History: 2002 MR 21, Eff. Nov. 20, 2002.


R 440.410    Initial financing statement record.
  Rule 410. (1) For each initial financing statement, a new record is  opened 
in the UCC information management system that  bears  the  file   number   of 
the financing statement and the date and time of filing.
  (2) The name and address of each debtor that are legibly  set   forth    in 
the financing statement are entered into  the   record   of    the    initial 
financing statement. Each debtor name entered into the record of the  initial 
financing statement is included in the searchable index and  is  not  removed 
until 1 year after the financing statement lapses.  Debtor addresses may   be 
included  in the searchable index to the extent the filing office  offers  or
 intends  to offer limited searches or limited copy requests as provided in R 
440.504.
  (3) The name and address of each secured party that are legibly  set  forth 
in the financing statement are entered  into  the  record  of   the   initial 
financing statement.
  (4) The record of the initial financing statement is indexed  according  to 
the name of the debtor or debtors and is  maintained  for  public  inspection
 as provided in these rules.
  (5) Unless the initial financing statement indicates it is  filed   against 
a transmitting  utility,   a   lapse   date   is    established    for    the 
financing statement, and the lapse date is  maintained  as  part    of    the 
record  of  the initial financing statement.

  History: 2002 MR 21, Eff. Nov. 20, 2002.


R 440.411    Amendment record.
  Rule 411.  (1)   A  record  is  created  for  an  amendment   that    bears 
the identification number for the amendment and the date and time of filing.
  (2) The record of the amendment is associated  with  the  record   of   the 
related initial financing statement in a manner  that  causes  the  amendment
 to  be retrievable  each  time  a  record  of  the  financing  statement  is 
retrieved.
  (3) The name and address of each additional  debtor  and   secured    party 
are entered into the UCC information management  system  in  the  record   of 
the related initial financing statement. Each additional debtor name is added
 to the searchable index and is not removed  until   1   year    after    the 
financing statement lapses.   Debtor  addresses  may  be  included   in   the 
searchable  index to the extent the filing office offers or intends to  offer 
limited  searches or limited copy requests as provided in R 440.504.
  (4) If the amendment  is  a  continuation,  then  a  new  lapse   date   is 
established for the financing statement and maintained as part of its record.

  History: 2002 MR 21, Eff. Nov. 20, 2002.


R 440.412    Correction statement record.
  Rule 412. (1) A record is created for a correction statement  that    bears 
the identification number for the correction statement and the date and  time
 of filing.
  (2) The record of the correction statement is associated with  the   record 
of the  related  initial  financing  statement  in  a  manner   that   causes 
the correction statement to be retrievable each  time  a  record    of    the 
financing statement is retrieved.

  History: 2002 MR 21, Eff. Nov. 20, 2002.


R 440.413    Global filings.
  Rule 413. The filing   officer   may   accept   for   filing    a    single 
financing statement for the purpose of amending  more  than    1    financing 
statement  for either or both of the following purposes:
  (a) To change secured party name.
  (b) To change secured party address.

  History: 2002 MR 21, Eff. Nov. 20, 2002.


R 440.414    Document archives.
  Rule  414.  Financing  statements  electronically  imaged   in   the    UCC 
information management system relating  to  financing  statements  that  have 
lapsed  or  have been terminated are retained for not less than 5 years  from 
the date of lapse or termination.

  History: 2002 MR 21, Eff. Nov. 20, 2002.


R 440.415    Data archives.
  Rule 415. Data  in  the  UCC  information  management  system  relating  to 
financing statements that have lapsed or have been  terminated  are  retained 
for not less than 5 years from the date of lapse or termination.

  History: 2002 MR 21, Eff. Nov. 20, 2002.


R 440.416    Notice of bankruptcy.
  Rule 416. The  filing  officer  shall  take  no  action  upon  receipt   of 
a notification, formal or informal, of  a  bankruptcy  proceeding   involving 
a debtor  named  in  the  UCC  information  management   system.    Financing 
statements lapse in the UCC  information  management  system   as   scheduled 
unless  properly continued.


                     PART 5. SEARCH REQUESTS AND REPORTS


R 440.501    Searchable index.
  Rule 501. The  filing  officer  may  maintain  for  public   inspection   a 
searchable index for all records of financing statements.  The  index   shall 
provide  for the retrieval of a record by the name of the debtor and  by  the 
file number of the financing statement to which the record relates.

  History: 2002 MR 21, Eff. Nov. 20, 2002.


R 440.502    Search requests; contents and processing.
  Rule 502. (1) A search request shall be accompanied by   the    appropriate 
fee, payable by a method described in R 440.106, and  shall  contain  all  of
 the following information:
  (a) The full correct name of a debtor or  the  name  variant   desired   to 
be searched.
  (b) Specify whether the debtor is an individual or an organization.
  (c) The name and address of the person to whom the search  report   is   to 
be sent.
  (2) A search request shall be processed using the name in the  exact   form 
it is submitted.
  (3) For purposes of this rule, both of the following provisions apply:
  (a) The full name of an individual shall consist of  a  first    name,    a 
middle name or initial, and a last name followed by any suffix that may apply 
to the name.
  (b) The full name of an  organization  shall  consist  of  the   name    of 
the organization as stated on the articles  of   incorporation    or    other 
organic documents in the state or country of organization or the name variant 
desired to be searched.

  History: 2002 MR 21, Eff. Nov. 20, 2002.


R 440.503      Requests    for    expediting;     identification;     method; 
certification date.
  Rule 503. (1) A request for expediting shall be identified  as   such    by 
the requestor.
  (2) A request for  expediting   shall   state   whether    the    requestor 
desires current certification.  Current certification is certification to the 
end  of the business day preceding the day of the request.
  (3) If the requestor does not expressly request   current    certification, 
then the certification date shall be the date under R 440.507.

  History: 2002 MR 21, Eff. Nov. 20, 2002.


R 440.504    Request for expediting; payment; account.
  Rule 504. (1) A request for expediting shall not  be  accepted    by    the 
filing office by telephone unless the requestor  has  a    billing    account 
with  the filing office and authorizes the  filing   office   to    make    a 
charge  to  the account for the search.
  (2) A request for expediting made by any  other  means  provided    in    R 
440.104 shall be accompanied by cash  or  check,  in  the   correct   amount, 
for  the statutory fee, or the requestor shall have a  billing  account  with 
the  filing office and shall authorize the filing office to make a charge  to 
the  account for the search.

  History: 2002 MR 21, Eff. Nov. 20, 2002.


R 440.505    Response to  request  for  expediting;  mailing   or    personal 
delivery; time.
  Rule 505. (1) The response to a request  for  expediting  received  by  the 
filing office before 11:00 a.m. on a business  day  shall  be  available  for 
mailing  or personal delivery between 3:00 p.m. and 4:30 p.m. on the day  the 
request  is received.
  (2) A request for expediting received by the filing office   after    11:00 
a.m.
shall be considered a request for expediting and shall be  processed  on  the 
next business day. If there is no personal delivery by the requestor  on  the 
day personal delivery is requested, then the information shall be mailed.
  (3) If the requestor specifies a  current  certification  date    in    the 
request for expediting, then the information shall be available on  the   day 
of  the request by personal delivery only.

  History: 2002 MR 21, Eff. Nov. 20, 2002.


R 440.506    Fees for expediting searches.
  Rule 506. (1)  The  filing  office  shall  charge  the  statutory  fee  for 
expediting of the regular search process, as provided by the UCC.
  (2) Each separate name of  a  debtor  set  forth   in   a    request    for 
expediting shall be deemed a separate request for purposes of  the  statutory 
fee.
  (3) Each time a requestor specifies that a request  for    expediting    is 
being made, the request shall be deemed a separate  request   for    purposes 
of  the statutory fee.

  History: 2002 MR 21, Eff. Nov. 20, 2002.


R 440.507    Search reports.
  Rule 507. (1) Reports created in response  to  a  search   request    shall 
include all of he following:
  (a) Identification of the filing officer and  the  certification   of   the 
filing officer required by the UCC.
  (b) The date the report was generated.
  (c) Identification of the name searched.
  (d) The certification date applicable to the report.
  (e) Identification of each active initial financing  statement   filed   on 
or before the certification date  and  time  corresponding  to   the   search 
criteria, by name of debtor, by identification number, and by file  date  and 
file time.
  (f) For each initial financing statement on the  report,  a   listing    of 
all related financing statements filed by the filing officer  on  or   before 
the certification date.
  (g) Copies of all  financing  statements  revealed  by  the   search    and 
requested by the searcher.
  (2) As used in this rule,  "certification  date"  means  the    date    and 
time through which the search  is  effective   to   reveal    all    relevant 
financing statements filed on or before that date.

  History: 2002 MR 21, Eff. Nov. 20, 2002.


R 440.508    Limited or modified search requests.
  Rule 508. (1) A person requesting a UCC search  may  limit  or  modify  the 
search by requesting either or both of the following:
  (a) That copies of documents referred to in the report be  included    with 
the report.
  (b) To limit the scope of the search and copies by reference to  any  1  or 
more of the following:
  (i) The initial financing statement identification number.
  (ii) The city of the debtor.
  (iii) The identity of a secured party of record.
  (iv) The date of filing.
  (v) A range of dates between 2 specified dates.
  (vi) A range of dates before or after a specified date.
  (2) A report created by the filing officer in response to a  request   that 
a UCC search be limited under this rule shall contain the following statement:
"A search request limited under R  440.508(1)  may  not  reveal  all  filings 
against the debtor searched.  The searcher bears the risk of relying  on  the 
limited search."

  History: 2002 MR 21, Eff. Nov. 20, 2002.


R 440.509    Personal inspection  of  information;  filing   request;   time; 
access to files; charges; separate request for  certification,  updating,  or 
copying.
  Rule 509. (1) A request for personal inspection of information  filed  with 
the filing office pursuant to the UCC shall specify  a  date  and  time   for 
the personal inspection. The inspection shall be made  not  less    than    3 
business days after the request is received by the filing office.
  (2) A request for personal inspection of files may be made  by   telephone, 
in person, or by mail.
  (3) The requestor shall only be given access to files specified in  writing 
by the requestor on the  date  of  the  request.   The  charge  for  personal 
inspection shall be the statutory fee for expediting of  the  regular  search 
process, plus the regular statutory fee for each name of a  debtor  specified 
in the  written request for inspection.
  (4) The request for inspection of files  shall  not  include   a    request 
for certification, updating, or copying  of  documents.  A  separate  request 
shall be made for certification, updating, or copying by the   secretary   of 
state,  and shall be subject to a separate statutory fee.

  History: 2002 MR 21, Eff. Nov. 20, 2002.


R 440.510    Search logic.
  Rule 510. Search results are created by applying standardized search  logic 
to the name presented to the filing officer  by  the  person  requesting  the 
search.
Human judgment does not play a role in determining the results of the search.
All of the following provisions are applied to conduct searches:
  (1) The number of matches that may be returned   in   response    to    the 
search criteria is not limited.
  (b) No distinction is made between upper and lower case letters.
  (c) Punctuation marks and accents are disregarded. Only the letters A to  Z 
in upper or lower case, the numbers 0, 1, 2, 3, 4, 5, 6, 7, 8, and   9,   and 
the symbol &, in any combination, are considered in conducting the search.
  (d) Words and abbreviations at the  end  of  a  name  that   indicate   the 
existence or nature of an organization are disregarded,  including,  but  not 
limited  to, any of the following or abbreviations of the following:
  (i) Agency.
  (ii) Association.
  (iii) Assn.
  (iv) Associates.
  (v) Assc.
  (vi) Assoc.
  (vii) Attorney at law.
  (viii) Bank.
  (ix) National bank.
  (x) Business trust.
  (xi) Charter.
  (xii) Chartered.
  (xiii) Company.
  (xiv) Co.
  (xv) Corporation.
  (xvi) Corp.
  (xvii) Credit union.
  (xviii) CU.
  (xix) Federal savings bank.
  (xx) FSB.
  (xxi) General partnership.
  (xxii) Gen part.
  (xxiii) GP.
  (xxiv) Incorporated.
  (xxv) Inc.
  (xxvi) Limited.
  (xxvii) Ltd.
  (xxviii) Ltee.
  (xxix) Limited liability company.
  (xxx) LC.
  (xxxi) LLC.
  (xxxii) Limited liability partnership.
  (xxxiii) LLP.
  (xxxiv) Limited partnership.
  (xxxv) LP.
  (xxxvi) Medical doctors professional association.
  (xxxvii) MDPA.
  (xxxviii) Medical doctors professional corporation.
  (xxxix) MDPC.
  (xL) National association.
  (xLi) NA.
  (xLii) Partners.
  (xLiii) Partnership.
  (xLiv) Professional association.
  (xLv) Prof assn.
  (xLvi) PA.
  (xLvii) Professional corporation.
  (xLviii) Prof corp.
  (xLix) PC.
  (L) Professional limited liability company.
  (Li) Professional limited liability co.
  (Lii) PLLC.
  (Liii) Railroad.
  (Liv) RR.
  (Lv) Real estate investment trust.
  (Lvi) REIT.
  (Lvii) Registered limited liability partnership.
  (Lviii) RLLP.
  (Lix) Savings association.
  (Lx) SA.
  (Lxi) Service corporation.
  (Lxii) SC.
  (Lxiii) Sole proprietorship.
  (Lxiv) SP.
  (Lxv) SPA.
  (Lxvi) Trust.
  (Lxvii) Trustee.
  (Lxviii) As trustee.
  (e) The word "the" at the beginning of the search criteria is disregarded.
  (f) All spaces are disregarded.
  (g) For first and middle names of individuals, initials are  equated   with 
all names that begin with the initials, and no middle name  or   initial   is 
equated with all middle names and initials.
  (h) After taking the preceding provisions into account to modify  the  name 
of the debtor requested to be searched  and  to   modify   the    names    of 
debtors contained in unlapsed financing statements in the   UCC   information 
management system, the search  will  reveal  only  names  of  active  debtors
 that,  as modified, exactly  match  the  name  requested,  as  modified.     

  History: 2002 MR 21, Eff. Nov. 20, 2002.