DFI-CCS 7.03
DFI-CCS 7.03
Forms. Land recording offices in this state shall only accept the following forms:
DFI-CCS 7.03(1)
(1) National standard forms – financing statements (UCC1 and UCC1Ad) and financing statement amendments (UCC3 and UCC3Ad) as prescribed by s.
409.521, Stats. All other forms shall be rejected.
DFI-CCS 7.03(2)
(2) Correction statements. Only a standard correction statement form shall be accepted.
DFI-CCS 7.03(4)
(4) Only the original form shall be submitted. The original or an image of the record shall be returned as acknowledgement of recording.
DFI-CCS 7.03(5)
(5) The documents under this section shall be executed as follows:
DFI-CCS 7.03(5)(a)
(a) White paper shall be used that is at least 20 pound weight. The page width shall be 8.5 inches and the page length shall be 11 inches or 14 inches. The page shall not deviate more than
¼
inch from these dimensions.
DFI-CCS 7.03(5)(b)
(b) A multi-paged instrument shall not be hinged or otherwise joined completely at the top or sides.
DFI-CCS 7.03(5)(c)
(c) The entire document shall be clear and the letters, numbers, symbols, diagrams and other representations in the document shall be large enough and dense enough to be reproduced or read by a copy machine and a microfilm camera or optical scanner to the extent that the image captured is legible.
DFI-CCS 7.03 Note
Note: Land recording offices do not accept electronic documents.
DFI-CCS 7.04
DFI-CCS 7.04
Acceptance or rejection of filings. The following criteria and notice provisions shall apply to land recording offices for UCC purposes:
DFI-CCS 7.04(1)
(1) Neither debtor nor secured party signatures shall be required on any form filed.
DFI-CCS 7.04(2)
(2) The basic statutory criteria for acceptance or rejection shall be as listed in s.
409.516, Stats.
DFI-CCS 7.04(3)
(3) UCC3 without debtor and record owner names and addresses shall be rejected. Secured party addresses shall be required also.
DFI-CCS 7.04(4)
(4) UCC3 without date of initial financing statement referenced shall be rejected.
DFI-CCS 7.04(6)
(6) A sufficient legal description of the real property to which it relates shall be given on all filings.
DFI-CCS 7.04(7)
(7) The rejection notice shall contain date, time and reason for rejection.
DFI-CCS 7.05(1)(1)
Debtor, record owner and secured party names given in UCC filings shall be indexed only in the grantor/grantee index in the same manner as from mortgage instruments.
DFI-CCS 7.05(2)
(2) UCC filings shall be indexed in the tract index in counties where tract indices are maintained.
DFI-CCS 7.05 Note
Note: Land recording offices in this state do not perform searches of the grantor/grantee–real-estate tract indexes for realty-related UCC filings. Office hours for land recording offices are determined by each county board. For these hours contact the appropriate land recording office.
DFI-CCS 7.05 History
History: CR 01-122: cr.
Register February 2002 No. 554, eff. 3-1-02.
DFI-CCS 7.06
DFI-CCS 7.06
Land recording UCC filing fees and payment methods. DFI-CCS 7.06(2)
(2) Payment of fees for records filed in land recording offices under this section shall be acceptable in the form of cash, checks, or money order only.
DFI-CCS 7.06 History
History: CR 01-122: cr.
Register February 2002 No. 554, eff. 3-1-02.
