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Filing UCC Continuations

Why must banks track UCC continuations?

Lenders file continuations (usually every five years) before UCC filings expire in order to retain first position on a lien. Many banks use spreadsheets and ticklers to keep track of upcoming UCC expiration dates. Some document management systems automatically alert users at least 90 days in advance of expirations to ensure proper action is taken.

Continue reading about UCC tracking.


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First published on 11/22/2020

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