Section 440.302. Names of individuals.

The following provisions apply to the name of an individual who, or whose estate, is a debtor or a secured party on a financing statement:

(a)   Separate data entry fields are established for first, middle, and last names of individuals. The filing officer assumes no responsibility for the accurate designation of the components of a name, but will accurately enter the data in accordance with the filer's  designations,  as   required by R 440.407(2)(b).

(b)  Titles and prefixes, such as  "doctor,"  "reverend," "Mr.," and "Ms.," should not be provided   by  filers  in   financing  statements.

However, as provided in R 440.407, when a  financing statement is submitted with designated name fields, the data shall be entered in the UCC information management system exactly as it appears.

(c)   Titles and  suffixes,  or   indications  of  status  such   as  "M.D." and "esquire" are not part of an individual's name and should not be provided by filers in financing statements. However, as provided in R 440.407, when a financing statement is submitted with designated name fields, the data shall be  entered  in   the  UCC information management system exactly as it appears.

(d)   Suffixes that indicate which individual is being named, such as "senior," "junior," "I," "II," and "III," are appropriate and shall be entered  exactly as it  appears into the UCC information management system in  a  field designated for name suffixes.

(e)   Name fields for individuals in the UCC information management system are fixed in length. Although filers shall continue to provide full names of individuals on their financing statements, a name that exceeds the fixed length of a name field is entered as presented to the filing officer, up to the maximum length of the field. The maximum lengths of name   fields are as follows:

(i)   First name, 40 characters.

(ii)   Middle name, 20 characters.

(iii)   Last name, 70 characters.

(iv)   Suffix, 20 characters.

History: 2002 MR 21, Eff. Nov. 20, 2002.