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Important UCC Information: South Carolina
passes Revised Article 9
The South Carolina Assembly ratified
Revised Article 9 on June 7, 2001. To see the text of the
bill go to Bill
498. Be advised that this bill is long and deals with
Articles 2A, 5, and 8 also. The revision will go into effect
on July 1, 2001. South Carolina's version is substantially
similar to the Model Revised Article 9. For updates on the
progress of Revised Article 9 nationally and for resource
materials concerning the new rules and transition procedures
go to http://www.intercountyclearance.com/index.html
or www.ernst.cc.
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UCC eForms now available,
click here to go to the forms page.
Includes NEW Revised
Article 9 eForms
The Uniform Commercial Code is a set of
uniform laws governing commercial transactions. These laws help promote
interstate commerce by making it simpler to pursue transactions in various
jurisdictions. The Code covers the sales of goods, commercial paper, bank
deposits and collections, letters of credit, bulk transfers, warehouse receipts,
bills of lading, investment securities and secured transactions.
The South Carolina Secretary of State handles
the filing of UCC Article 9 interests for Secured Transactions.
There are three types of financing statements filed by this office:
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UCC-1: Original Financing Statement
(There are some cases in which a UCC-1 must be filed with the County Clerk
or Register of Mesne Conveyances rather than the Secretary of State. This
determination is based on the type of collateral used in the transaction.)
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UCC-3: Statement of Change
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UCC-11: Request for Information
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UCC-5: Debtors may also file a
UCC-5 Correction Statement to correct erroneous information on any filing
concerning them or to state why the filing is wrongfully filed. These
corrections will be filed but will not be indexed."

Contacts:
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Filings |
Lisa Culler |
(803) 734-2171 |
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Renea Harper |
(803) 734-2172 |
|
Shelby Smith |
(803) 734-2175 |
Searches |
Joan Craig |
(803) 734-1961 |
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Sharon Jones |
(803) 734-1977 |
|
Mary Jones |
(803) 734-1960 |
Download and/or fill out forms
here.
Including the NEW
Revised Article 9 forms.
Fees
ALERT:
As of July 1, 2001, the fee schedule for UCC filings is as
follows:
Fees
AFTER July 1, 2001 |
UCC1 or UCC3 Filing |
$8.00 |
UCC1 or UCC3 consisting of more
than Two Pages |
$10.00 |
UCC1 or UCC3 consisting of more
than Two Debtors |
$10.00 |
Each Additional Debtor more than
TWO Debtors |
$2.00 |
UCC11 Search Fee |
$5.00 |
Public Finance Transaction |
$20.00 |
Manufactured Home Transaction |
$20.00 |
Copies (First Page) |
$2.00 |
Copies (Additional Page) |
$1.00 |
Certification (Per Copy) |
$2.00 |
Fax Fee: Incoming (Per
Search) |
$5.00 |
Fax Fee: Outgoing (Per
Search) |
$10.00 |
WARNING: If
the correct fee is not tendered with the filing after July
1, 2001, the filing may be refused. This includes any
filing mailed before July 1, 2001 but not received until or
after July 1, 2001.

Fees
PRIOR to July 1, 2001 |
SC Standard Form UCC-1 or UCC-3
with ONE Debtor |
$8.00 |
Each Additional Debtor |
$2.00 |
Attachments Included with Filing |
$2.00 |
Non-Standard Form with ONE Debtor |
$10.00 |
Each Additional Debtor |
$2.00 |
Attachments Included with Filing |
$0.00 |
UCC-4 Search Certification Fee |
$5.00 |
Each Additional Name |
$2.00 |
Copies (First Page) |
$2.00 |
Copies (Additional Page) |
$1.00 |
Certification (Per Copy) |
$2.00 |
Fax Fee: Incoming (Per
Search) |
$5.00 |
Fax Fee: Outgoing (Per
Search) |
$10.00 |
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