Last Updated on January 9, 2022

What is a UCC?

A UCC, or Uniform Commercial Code, is a legal notice registered by a lender when a loan is taken out against a single asset or a group of assets.

For instance, when an individual obtains a mortgage for real estate, the lender uses the borrower’s personal property as collateral to secure property. With the UCC Financing Statement filed, the homeowner can’t take out another loan on the home without first paying off the initial loan.

What information does a Rhode Island UCC search show?

A UCC search will show the debtor name, debtor address, filing type, filing number, filing date, secured party, secured party address.

Also see: How to do a Rhode Island business entity search

Why is a UCC needed?

A UCC filing perfects a security interest when collateral is used to secure a loan and establishes priority in case of debtor default or bankruptcy. 

Where is a UCC filed in Rhode Island?

Most UCC filings are done with the Rhode IslandSecretary of State’s office, however, real property filings are filed with the Town Clerk or City Clerk’s office where the real estate is located.

How much does a UCC search cost in Rhode Island?

There is no cost to a UCC search in Rhode Island.

How to do a UCC search in Rhode Island

Step 1 – Go to the Rhode Island Secretary of State’s website

Step 2 – Click on Business Services on the left side of the screen.

Step 3 – Scroll down towards the bottom of the page and click on UCC.

Step 4 – Scroll down towards the bottom of the page and under Additional Resources, click Search the UCC Database.

Step 5 – Fill in the appropriate information in the boxes given and click search.