Register February 2024 No. 818
Chapter DFI-CCS 1
UNIFORM COMMERCIAL CODE SECTION
DFI-CCS 1.01 Definitions.
DFI-CCS 1.02 Place to file.
DFI-CCS 1.03 Filing office identification.
DFI-CCS 1.04 Electronic mail and facsimile.
DFI-CCS 1.05 Office hours.
DFI-CCS 1.06 UCC document delivery.
DFI-CCS 1.07 Search request delivery.
DFI-CCS 1.08 Approved forms.
DFI-CCS 1.09 Form - UCC search.
DFI-CCS 1.11 Methods of payment.
DFI-CCS 1.12 Underpayment.
DFI-CCS 1.13 Public records services.
DFI-CCS 1.14 Fees for public records services.
Ch. DFI-CCS 1 Note
Note: Chapter
DFI-CCS 1 was created as an emergency rule effective 10-24-01. Chapters
DFI-CCS 1 to
7 replace rules of the Secretary of State in ch. SS 3.
DFI-CCS 1.01(1)
(1) “Active filing" means a UCC document that has not reached the one-year anniversary of its lapse date.
DFI-CCS 1.01(2)
(2) “Amendment" means a UCC document that amends the information contained in a financing statement. Amendment includes an assignment, continuation and termination.
DFI-CCS 1.01(3)
(3) “Assignment" means an amendment that assigns all or part of a secured party's power to authorize an amendment to a financing statement.
DFI-CCS 1.01(5)
(5) “Correction statement" filed under s.
409.518, Stats., means a UCC document that indicates that a financing statement is inaccurate or wrongfully filed.
DFI-CCS 1.01(6)
(6) “Department" means the department of financial institutions.
DFI-CCS 1.01(8)
(8) “Filing agent of the department" means any office duly authorized by the department to receive documents under ch.
409, Stats.
DFI-CCS 1.01(9)
(9) “Filing office" means the department or a filing agent of the department.
DFI-CCS 1.01(11)
(11) “Filing officer statement" means a statement of correction entered into the filing office's information management system to correct an error by the filing officer.
DFI-CCS 1.01(13)
(13) “Inactive filing" means a UCC record that has reached the first anniversary of its lapse date.
DFI-CCS 1.01(14)
(14) “Index" means information that is entered into the filing office's information management system to create a means by which to retrieve filing information.
DFI-CCS 1.01(15)
(15) “Individual" means a human being, or a decedent in the case of a debtor that is the decedent's estate.
DFI-CCS 1.01(16)
(16) “Initial financing statement" means a UCC document containing the information required to be in an initial financing statement and that causes the filing office to establish the initial record of existence of a financing statement that does not identify itself as an amendment or identify an initial financing statement.
DFI-CCS 1.01(17)
(17) “Lapse date" means the expiration date for an initial financing statement set forth in s.
409.515, Stats.
DFI-CCS 1.01(18)
(18) “Lapsed filing" means a UCC document that has reached its expiration date.
DFI-CCS 1.01(20)(a)
(a) The standard initial financing statement (“UCC1”) which includes two or more UCC financing statement addendums (“UCC1ad”), or the standard amendment (“UCC3”) which includes two or more UCC amendment addendums (“UCC3ad”) as set forth in Wis. Stat. s.
409.521.
DFI-CCS 1.01(21)
(21) “Organization" means a legal person that is not an individual.
DFI-CCS 1.01(22)
(22) “Remitter" means a person who tenders a UCC document to the filing officer for filing, whether the person is a filer or an agent of a filer responsible for tendering the document for filing. “Remitter" shall not include a person responsible merely for the delivery of the document to the filing office, but may include a service provider who acts as a filer's representative in the filing process.
DFI-CCS 1.01 Note
Note: The postal service and a courier service are merely responsible for the delivery of the document to the filing office.
DFI-CCS 1.01(25)
(25) “Standard UCC filing" means any writing presented to a filing officer for filing, presented on an 8 1/2 x 11 inch standard UCC form as set forth in s.
409.521, Stats., which may include the following:
DFI-CCS 1.01(29)
(29) “UCC document" means an initial financing statement, an amendment, an assignment, a continuation, a termination or a correction statement. The word “document" in the term “UCC document" shall not be deemed to refer exclusively to paper or paper-based writings.
DFI-CCS 1.01 Note
Note: This definition is used for the purpose of chs.
DFI-CCS 1 to
7 only. The use of the term “UCC document" in these chapters shall have no relation to the definition of the term "document" in s.
409.102 (1)(hg), Stats. UCC documents may be expressed or transmitted electronically or through media other than these writings.
DFI-CCS 1.01(31)
(31) “XML" means eXtensible Markup Language. XML is a language for storing data and metadata.
DFI-CCS 1.01(32)
(32) “XML document" means a UCC document transmitted from a remitter to the filing officer in XML format and via techniques authorized under this rule.
