308-391-300  <<  308-391-301 >>   308-391-302

WAC 308-391-301

Primary data elements.

The primary data elements used in the UCC information management system are the following:
(1) Identification numbers.
(a) Each initial financing statement or lien is identified by its unique file number. A record is created in the information management system for each initial financing statement or lien and all information comprising the record is maintained in the system. The record is identified by the same information assigned to the initial financing statement or lien.
(b) A UCC record other than an initial financing statement or lien is identified by a unique file number assigned by the UCC information management system. In the UCC information management system, all UCC records other than initial financing statements and liens are linked to the record of their related initial record.
(2) Type of record. The type of UCC record from which data is transferred is identified in the UCC information management system from information supplied by the remitter.
(3) Filing date and filing time. The filing date and filing time of UCC records are stored in the UCC information management system. Calculation of the lapse date of an initial financing statement is based upon the filing date.
(4) Identification of parties. The names and addresses of debtors and secured parties are transferred from UCC records to the UCC information management system.
(5) Page count. The total number of pages in a UCC record is maintained in the UCC information management system.
(6) Lapse indicator. An indicator is maintained by which the information management system identifies whether or not a financing statement will lapse and, if it does, when it will lapse.
(7) Indexes of names. The filing office maintains in the UCC information management system a searchable index of organization debtor names, a searchable index of individual debtor names, a searchable index of organization secured party names, and a searchable index of individual secured party names. The index is not a separate database but is comprised of records in the UCC information management system identified to be included in the searchable index.
[Statutory Authority: RCW 62A.9A-526, chapters 60.68, 60.13, and 9A.82 RCW. WSR 09-12-067, ยง 308-391-301, filed 5/29/09, effective 6/29/09.]
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