(a) A financing statement sufficiently provides the name of the debtor:
(1) Except as otherwise provided in subdivision (3) of this subsection, if the debtor is a registered organization or the collateral is held in a trust that is a registered organization, only if the financing statement provides the name that is stated to be the registered organization's name on the public organic record most recently filed with or issued or enacted by the registered organization's jurisdiction of organization which purports to state, amend or restate the registered organization's name;
(2) Subject to subsection (f) of this section, if the collateral is being administered by a personal representative of a decedent, only if the financing statement provides, as the name of the debtor, the name of the decedent and, in a separate part of the financing statement, indicates that the collateral is being administered by a personal representative;
(3) If the collateral is held in a trust that is not a registered organization, only if the financing statement:
(A) Provides, as the name of the debtor:
(i) If the organic record of the trust specifies a name for the trust, the name specified; or
(ii) If the organic record of the trust does not specify a name for the trust, the name of the settlor or testator; and
(B) In a separate part of the financing statement:
(i) If the name is provided in accordance with subparagraph (A)(i) of this subdivision, indicates that the collateral is held in a trust; or
(ii) If the name is provided in accordance with subparagraph (A)(ii) of this subdivision, provides additional information sufficient to distinguish the trust from other trusts having one or more of the same settlors or the same testator and indicates that the collateral is held in a trust, unless the additional information so indicates;
(4) If the debtor is an individual, only if the financing statement:
(A) Provides the individual name of the debtor;
(B) Provides the surname and first personal name of the debtor; or
(C) Subject to subsection (g) of this section, provides the name of the individual which is indicated on a motor vehicle operator's license or identity card that this state has issued to the individual in accordance with subpart (B) of part III of chapter 246 or section 1-1h, respectively, and which has not expired; and
(5) In other cases:
(A) If the debtor has a name, only if the financing statement provides the organizational name of the debtor; and
(B) If the debtor does not have a name, only if the financing statement provides the names of the partners, members, associates or other persons comprising the debtor, in a manner that each name provided would be sufficient if the person named were the debtor.
(b) A financing statement that provides the name of the debtor in accordance with subsection (a) of this section is not rendered ineffective by the absence of:
(1) A trade name or other name of the debtor; or
(2) Unless required under subparagraph (B) of subdivision (5) of subsection (a) of this section, names of partners, members, associates or other persons comprising the debtor.
(c) A financing statement that provides only the debtor's trade name does not sufficiently provide the name of the debtor.
(d) Failure to indicate the representative capacity of a secured party or representative of a secured party does not affect the sufficiency of a financing statement.
(e) A financing statement may provide the name of more than one debtor and the name of more than one secured party.
(f) The name of the decedent indicated on an order appointing a personal representative of the decedent issued by a court having jurisdiction over the collateral is sufficient as the “name of the decedent” under subdivision (2) of subsection (a) of this section.
(g) If this state has issued to an individual more than one motor vehicle operator's license or identity card of a kind described in subparagraph (C) of subdivision (4) of subsection (a) of this section, the one that was issued most recently is the one to which subparagraph (C) of subdivision (4) of subsection (a) of this section refers.
(h) In this section, the “name of the settlor or testator” means:
(1) If the settlor is a registered organization, the name that is stated to be the settlor's name on the public organic record most recently filed with or issued or enacted by the settlor's jurisdiction of organization which purports to state, amend or restate the settlor's name; or
(2) In other cases, the name of the settlor or testator indicated in the trust's organic record.
(1959, P.A. 133, S. 9-503; P.A. 01-132, S. 74; P.A. 11-108, S. 10.)
History: P.A. 01-132 replaced former provisions re the secured party's right to take possession after default with provisions re the name of the debtor and the secured party in a financing statement; P.A. 11-108 amended Subsec. (a) by revising Subdiv. (1) to add exception re Subdiv. (3), include circumstance if “the collateral is held in a trust that is a registered organization” and replace requirement that financing statement provide “the name of the debtor indicated on the public record of the debtor's jurisdiction of organization which shows the debtor to have been organized” with “the name that is stated to be the registered organization's name on the public organic record most recently filed with or issued or enacted by the registered organization's jurisdiction of organization which purports to state, amend or restate the registered organization's name”, by revising Subdiv. (2) to replace “If the debtor is a decedent's estate” with “Subject to subsection (f) of this section, if the collateral is being administered by a personal representative of a decedent” and provide that “a separate part of” the financing statement indicate that “the collateral is being administered by a personal representative”, rather than the financing statement indicate that “the debtor is an estate”, by revising Subdiv. (3) to make applicable “If the collateral is held in a trust that is not a registered organization”, rather than “If the debtor is a trust or a trustee acting with respect to property held in trust”, and replace former provisions with provisions re required contents of financing statement, by adding new Subdiv. (4) re contents of financing statement if debtor is an individual and by redesignating existing Subdiv. (4) as Subdiv. (5) and amending same to delete in Subpara. (A) reference to the “individual” name of debtor and add in Subpara. (B) “in a manner that each name provided would be sufficient if the person named were the debtor”, added Subsec. (f) re sufficiency of name of decedent indicated on order appointing personal representative of decedent, added Subsec. (g) re when more than one operator's license or identity card has been issued, added Subsec. (h) re definition of “name of the settlor or testator”, and made technical changes, effective July 1, 2013.
Structure Connecticut General Statutes
Title 42a - Uniform Commercial Code
Article 9 - Secured Transactions
Section 42a-9-101. - Short title.
Section 42a-9-102. - Definitions and index of definitions.
Section 42a-9-103a. - Purchase-money security interest.
Section 42a-9-104. - Control of deposit account.
Section 42a-9-105. - Control of electronic chattel paper.
Section 42a-9-106. - Control of investment property.
Section 42a-9-107. - Control of letter-of-credit right.
Section 42a-9-108. - Sufficiency of description.
Section 42a-9-110. - Security interests arising under article 2 or 2A.
Section 42a-9-111. - Applicability of bulk transfer laws.
Section 42a-9-201. - General effectiveness of security agreement.
Section 42a-9-202. - Title to collateral immaterial.
Section 42a-9-204. - After-acquired property. Future advances.
Section 42a-9-205. - Use or disposition of collateral permissible.
Section 42a-9-206. - Security interest arising in purchase or delivery of financial asset.
Section 42a-9-206a. - Effectiveness of security agreement in household furniture.
Section 42a-9-207. - Rights and duties of secured party having possession or control of collateral.
Section 42a-9-208. - Additional duties of secured party having control of collateral.
Section 42a-9-209. - Duties of secured party if account debtor has been notified of assignment.
Section 42a-9-301. - Law governing perfection and priority of security interests.
Section 42a-9-302. - Law governing perfection and priority of agricultural liens.
Section 42a-9-307. - Location of debtor.
Section 42a-9-309. - Security interest perfected upon attachment.
Section 42a-9-314. - Perfection by control.
Section 42a-9-315. - Secured party's rights on disposition of collateral and in proceeds.
Section 42a-9-316. - Effect of change in governing law.
Section 42a-9-319. - Rights and title of consignee with respect to creditors and purchasers.
Section 42a-9-320. - Buyer of goods.
Section 42a-9-323. - Future advances.
Section 42a-9-324. - Priority of purchase-money security interests.
Section 42a-9-325. - Priority of security interests in transferred collateral.
Section 42a-9-326. - Priority of security interests created by new debtor.
Section 42a-9-327. - Priority of security interests in deposit account.
Section 42a-9-328. - Priority of security interests in investment property.
Section 42a-9-329. - Priority of security interests in letter-of-credit right.
Section 42a-9-330. - Priority of purchaser of chattel paper or instrument.
Section 42a-9-332. - Transfer of money. Transfer of funds from deposit account.
Section 42a-9-333. - Priority of certain liens arising by operation of law.
Section 42a-9-334. - Priority of security interests in fixtures and crops.
Section 42a-9-335. - Accessions.
Section 42a-9-336. - Commingled goods.
Section 42a-9-337. - Priority of security interests in goods covered by certificate of title.
Section 42a-9-339. - Priority subject to subordination.
Section 42a-9-340. - Effectiveness of right of recoupment or set-off against deposit account.
Section 42a-9-341. - Bank's rights and duties with respect to deposit account.
Section 42a-9-401. - Alienability of debtor's rights.
Section 42a-9-402. - Secured party not obligated on contract of debtor or in tort.
Section 42a-9-403. - Agreement not to assert defenses against assignee.
Section 42a-9-404. - Rights acquired by assignee. Claims and defenses against assignee.
Section 42a-9-405. - Modification of assigned contract.
Section 42a-9-408a. - Financing statements covering consigned or leased goods.
Section 42a-9-409. - Restrictions on assignment of letter-of-credit rights ineffective.
Section 42a-9-501. - Filing office.
Section 42a-9-503. - Name of debtor and secured party.
Section 42a-9-504. - Indication of collateral.
Section 42a-9-506. - Effect of errors or omissions.
Section 42a-9-507. - Effect of certain events on effectiveness of financing settlement.
Section 42a-9-509. - Persons entitled to file a record.
Section 42a-9-510. - Effectiveness of filed record.
Section 42a-9-511. - Secured party of record.
Section 42a-9-512. - Amendment of financing statement.
Section 42a-9-513. - Termination statement.
Section 42a-9-514. - Assignment of powers of secured party of record.
Section 42a-9-516. - What constitutes filing. Effectiveness of filing.
Section 42a-9-517. - Effect of indexing errors.
Section 42a-9-520. - Acceptance and refusal to accept record.
Section 42a-9-522. - Maintenance and destruction of records.
Section 42a-9-523. - Information from filing office. Sale or license of records.
Section 42a-9-524. - Delay by filing office.
Section 42a-9-526. - Filing-office regulations.
Section 42a-9-602. - Waiver and variance of rights and duties.
Section 42a-9-603. - Agreement on standards concerning rights and duties.
Section 42a-9-604. - Procedure if security agreement covers real property or fixtures.
Section 42a-9-605. - Unknown debtor or secondary obligor.
Section 42a-9-606. - Time of default for agricultural lien.
Section 42a-9-607. - Collection and enforcement by secured party.
Section 42a-9-610. - Disposition of collateral after default.
Section 42a-9-611. - Notification before disposition of collateral.
Section 42a-9-612. - Timeliness of notification before disposition of collateral.
Section 42a-9-613. - Contents and form of notification before disposition of collateral: General.
Section 42a-9-616. - Explanation of calculation of surplus or deficiency.
Section 42a-9-617. - Rights of transferee of collateral.
Section 42a-9-618. - Rights and duties of certain secondary obligors.
Section 42a-9-619. - Transfer of record or legal title.
Section 42a-9-621. - Notification of proposal to accept collateral.
Section 42a-9-622. - Effect of acceptance of collateral.
Section 42a-9-623. - Right to redeem collateral.
Section 42a-9-625. - Remedies for secured party's failure to comply with this article.
Section 42a-9-626. - Action in which deficiency or surplus is in issue.
Section 42a-9-627. - Determination of whether conduct was commercially reasonable.
Section 42a-9-702. - Savings clause.
Section 42a-9-703. - Security interest perfected before October 1, 2001.
Section 42a-9-704. - Security interest unperfected before October 1, 2001.
Section 42a-9-705. - Effectiveness of action taken before October 1, 2001.
Section 42a-9-707. - Amendment of pre-effective-date financing statement.
Section 42a-9-708. - Persons entitled to file initial financing statement or continuation statement.
Section 42a-9-709. - Priority.
Section 42a-9-802. - Savings clause.
Section 42a-9-803. - Security interest perfected before July 1, 2013.
Section 42a-9-804. - Security interest unperfected before July 1, 2013.
Section 42a-9-805. - Effectiveness of action taken before July 1, 2013.
Section 42a-9-807. - Amendment of financing statement filed before July 1, 2013.
Section 42a-9-808. - Person entitled to file initial financing statement or continuation statement.