(1) |
A financing statement sufficiently provides the name of the debtor:
Terms Used In Utah Code 70A-9a-503- Decedent: A deceased person.
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
- Person: means :Utah Code 68-3-12.5
- State: when applied to the different parts of the United States, includes a state, district, or territory of the United States. See Utah Code 68-3-12.5
- Testator: A male person who leaves a will at death.
(a) |
except as otherwise provided in Subsection (1)(c), if the debtor is a registered organization or the collateral is held in a trust that is a registered organization, only if the financing statement provides the name that is stated to be the registered organization’s name on the public organic record most recently filed with or issued or enacted by the registered organization’s jurisdiction of organization which purports to state, amend, or restate the registered organization’s name; |
(b) |
subject to Subsection (6), if the collateral is being administered by the personal representative of a decedent, only if the financing statement provides, as the name of the debtor, the name of the decedent and, in a separate part of the financing statement, indicates that the collateral is being administered by a personal representative; |
(c) |
if the collateral is held in a trust that is not a registered organization, only if the financing statement:
(i) |
provides, as the name of the debtor:
(A) |
if the organic record of the trust specifies a name for the trust, the name specified; or |
(B) |
if the organic record of the trust does not specify a name for the trust, the name of the settlor or testator; and |
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(ii) |
in a separate part of the financing statement:
(A) |
if the name provided in accordance with Subsection (1)(c)(i)(A), indicates the collateral is held in a trust; or |
(B) |
if the name is provided in accordance with Subsection (1)(c)(i)(B), provides additional information sufficient to distinguish the trust from other trusts having one or more of the same settlors or the same testator and indicates that the collateral is held in a trust, unless the additional information so indicates; |
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(d) |
subject to Subsection (7), if the debtor is an individual to whom the state Driver License Division of the Department of Public Safety has issued a driver license that has not expired, or if the debtor does not have an unexpired driver license, an individual to whom the state Driver License Division of the Department of Public Safety has issued an unexpired identification card, only if the financing statement provides the name of the individual which is indicated on the driver license or identification card; |
(e) |
if the debtor is an individual to whom Subsection (1)(d) does not apply, only if the financing statement provides the individual name of the debtor or the surname and first personal name of the debtor; and |
(f) |
in other cases:
(i) |
if the debtor has a name, only if the financing statement provides the organizational name of the debtor; and |
(ii) |
if the debtor does not have a name, only if it provides the names of the partners, members, associates, or other persons comprising the debtor, in a manner that each name provided would be sufficient if the person named were the debtor. |
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