Definitions

PURPOSE: This rule gives meaning to terminology used throughout this chapter. (1) As used in this chapter, the following terms mean: (A) “ACH account” is a method of payment via electronic funds transfer under the National Automated Clearing House Association rules; (B) “Address” means either a street address, route # (may include box) or PO Box number, plus the city, state and zip code; (C) “Amendment” means a Uniform Commercial Code (UCC) record that amends the information contained in a financing statement. Amendments include assignments, continuations and terminations; (D) “Assignment” is an amendment that assigns all or a part of a secured party’s power to authorize an amendment to a financing statement; (E) “Certified search” is certified documentation of information maintained by the filing office; (F) “Continuation statement” shall have the meaning prescribed by section 400.9-102, RSMo; (G) “Fees” include all fees required by statute, including fees for the Technology Trust Fund; (H) “File number” shall have the meaning prescribed by section 400.9-519, RSMo; (I) “Filing office” means the appropriate place for filing UCC documents at the Office of the Secretary of State or county recorder of deeds; (J) “Filing officer” means the secretary of state or the county recorders of deeds; (K) “Filing officer statement” means a statement of correction entered into the filing office’s information system to correct an error by the filing office; (L) “Financing statement” shall have the meaning prescribed by section 400.9-102, RSMo; (M) “Image” means the image of a document as stored in the UCC information management system; (N) “Individual” means a human being, or a decedent who was a debtor; (O) “Information statement” means a UCC record that indicates that a financing statement is inaccurate or wrongfully filed; (P) “Initial financing statement” means a UCC record containing the information required by section 400.9-502, RSMo, which, when filed, causes the filing office to establish the initial record in the filing office’s UCC information management system; (Q) “Organization” means a legal person who is not an individual; (R) “Organizational number” means the identifying number issued to an entity upon registration in the entity’s state of formation; (S) “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; (T) “Secured party of record” shall have the meaning prescribed in section 400.9-511, RSMo; (U) “Termination statement” shall have the meaning prescribed in section 400.9-102, RSMo; (V) “UCC” means the Uniform Commercial Code as adopted in this state; (W) “UCC record” means an initial financing statement, an amendment, an assignment, a continuation, a termination or an information statement and shall not be deemed to refer exclusively to paper or paper-based writing; and (X) “UCC website” means the series of related Internet web pages provided for online filing and search functions in this state. AUTHORITY: section 400.9-526, RSMo Supp. 2013.* Original rule filed Sept. 30, 2002, effective March 30, 2003. Emergency amendment filed Aug. 16, 2013, effective Aug. 28, 2013, expired Feb. 27, 2014. Amended: Filed Aug. 16, 2013, effective Feb. 28, 2014. *Original authority: 400.9-526, RSMo 2001.