What is a UCC?

A legal notice a lender filed with the Secretary of State when they have a security interest against a person’s assets.

The UCC lien filing puts the world on notice of a creditor’s security interest in the collateral. By having a lien in place, borrowers aren’t able to sell that collateral until the lien is paid in full.

The UCC financing statement will appear in the public record.

What information does a UCC search show?

The creditor filing the UCC is called a “filing party” and their entity name will appear on the UCC filing. Additionally, the filing will show the document number, debtor, secured party, type of document, record number, and lapse date.

Also see: How to do a business entity search in Colorado

UCC liens act as a public notice by the “creditor” of the creditor’s interest in the property.

Why is a UCC needed?

A UCC gives lenders a claim on assets a debtor pledges as collateral

Where is a UCC filed in Colorado?

Article 9 of Colorado State Statutes, states that UCC-1 forms are required to be filed in the state of Colorado. If you would like to file a UCC with Colorado’s Secretary of State Office

How much does a UCC search cost in Colorado?

There are no fees to do a UCC search on the state database.

How to do a UCC search in Colorado

Step 1- Go to the Secretary of State’s website

Step 2 – Halfway down the page click on Uniform Commercial Code (UCC)

Step 3 – At the bottom of the page under Search, click on the kind of search you want to conduct.

Step 4 – Fill in the appropriate boxes with the information required.