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Uniform Commercial Code (UCC)

In January, 1990 Louisiana adopted the Uniform Commercial Code (UCC). This statewide notification system replaced Louisiana's chattel mortgage laws and for the first time, provides lenders with statewide information regarding liens on movable, personal property.

As the last state to adopt the UCC, Louisiana was fortunate to implement a filing system that benefited its users by allowing the filing of financing statements with any of the 64 parish filing offices. There was no wrong place to file. The Secretary of State provided equipment to the 64 local filing officers and access into a statewide database that is maintained by the Secretary of State's Office.

 

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