14 Ill. Adm. Code 180.10
Definitions
Section 180
Section 180.10Â Definitions
"Amendment" means a UCC record that amends the
information contained in a financing statement. Amendments include
assignments, continuations and terminations.
"Assignment" means an amendment that assigns all or
a part of a secured party's power to authorize an amendment to a financing
statement.
"Continuation statement" shall have the meaning
prescribed by Section 9-102(27) of the UCC.
"Correction statement" means a UCC record that
indicates that a financing statement is inaccurate or wrongfully filed.
"Department" means the Department of Business
Services of the Office of the Secretary of State.
"Director" means the Director of the Department.
"File number" shall have the meaning prescribed by
Section 9-519(b) of the UCC [810 ILCS 5/9-519(b)].
"Filing office" and "filing officer" means
Secretary of State (see Section 9-501 of the UCC [810 ILCS 5/9-501]).
"Filing
officer statement" means a statement entered into the filing office's
information system
to correct an error by the filing office.
"Financing statement" shall have the meaning
prescribed by Section 9-102(39) of the UCC [810 ILCS 5/9-102(39)].
"Individual" means a human being or a decedent, in
the case of a debtor that is the decedent's estate.
"Initial financing statement" means a UCC record
that does not identify itself as an amendment or identify an initial financing
statement to which it relates, as required by Section 9-512, 9-514 or 9-518 of
the UCC [810 ILCS 5/9-512, 9-514 or 9-518].
"Online services" means
the interactive computer applications for UCC document filing and search
functions, including direct computer access, available on the Illinois
Secretary of State web site.
"Organization" means a legal person who is not an
individual.
"Remitter" means a person who tenders a UCC record
to the filing officer for filing, whether the person is a filer or an agent of
a filer responsible for tendering the record for filing. "Remitter"
does not include a person responsible merely for the delivery of the record to
the filing office, such as the postal service or a courier service, but does
include a service provider who acts as a filer's representative in the filing
process.
"Secretary" means the Secretary of State of
Illinois.
"Secured party of record" shall have the meaning
prescribed in Section 9-511 of the UCC [810 ILCS 5/9-511].
"Termination statement" shall have the meaning
prescribed by Section 9-102(79) of the UCC [810 ILCS 5/9-102(79)].
"UCC" means the Uniform Commercial Code-Secured
Transactions as adopted in this State at 810 ILCS 5/Art. 9.
"UCC Division" means that unit of the Department that
records, maintains, supplies copies, and otherwise administers the UCC.
"UCC record" means an initial financing statement,
an amendment, an assignment, a continuation, a termination, or a correction
statement, and shall not be deemed to refer exclusively to paper-based writings.