A UCC is a security agreement on personal property that is recorded to protect the lender's or secured party's investment. In a security agreement, a loan is secured by personal property as collateral, thereby giving the lender rights in the property.
A UCC fixture filing is the filing of a financing statement that covers goods that are or will become fixtures. These fixtures are goods that are so fixed to a certain real property that an interest in them arises under property law. Since July 1, 2001 only UCCs with fixtures (real estate related) are filed in the local Register of Deeds Office. Searches are not performed on UCCs filed after June 30, 2001.
A UCC non-fixture filing is a security agreement on personal property that is recorded to protect the lenders or secured party's investment. All non-fixtures will be filed at the Secretary of State's Office.
UCC forms can be found at https://www.sosnc.gov/forms/by_title/_uniform_commercial_code.
Filing fees for initial financing statements, correction statements, and all amendments, including terminations are as follows:
- 1-2 pages: $38
- 3-10 pages: $45
- Over 10 pages: $45 plus $2 for each page over 10
Fees for Information Request (UCC-11) on UCCs filed before July 2, 2001 are as follows:
- $38 per name searched
- $2 per page
UCC: Financing Statement
The UCC Financing Statement Form is used in an initial filing of a financing statement. According to (General Statute) G.S. 25-9-402, a financing statement must contain the following information:
- Secured party's name
- Debtor's name
- Debtor's mailing address
- Statement indicating or describing type(s) of collateral
UCC: Financing Statement Change
The UCC Financing Statement Form, Correction Form is used for five kinds of secondary statements, as follows:
- Continuation of a financing statement
- Termination of a financing statement
- Assignment of a secured party's rights under a financing statement
- Amendment to a financing statement
- Release of all or part of the collateral covered by a financing statement
Page last updated: September 15, 2023