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.

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:

  1. 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.)

  2. UCC-3: Statement of Change

  3. UCC-11: Request for Information

  4. 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:

Filings  Lisa Culler (803) 734-2171
Renea Harper (803) 734-2172
Shelby Smith (803) 734-2175
Searches 

Joan Craig

(803) 734-1961
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
 

 

 

[Back to Top]

 

Postal Address
P.O. Box 11350
Columbia, SC  29211
Physical Address
Edgar Brown Building
1205 Pendleton Street Suite 525
Columbia, SC 29201

 

PLEASE NOTE:  The information on this page is a brief synopsis and should not be construed as the governing   statute.  The information contained in this site is considered accurate at the time of publication. We try to update this site frequently but the information contained herein is subject to change or modification. If you have further questions, you may wish to consult the person given as the contact for the respective divisions. The information contained in this site is not a substitute for legal counsel. You may need to contact a private attorney if you need legal advice or assistance. If you discover any errors in this site, please let us know by e-mailing our  webmaster.