What is a UCC-1 Filing Fee? A UCC-1 filing fee is the charge levied by a state filing office to process and officially register a UCC-1 financing statement. , $10-$50) Sliding Scale States Fees based on transaction size or collateral value Online vs.
UCC-1 Filing Fee Jurisdiction Guide: Understanding State-by-State Cost Differences
The fee is not a tax but a service charge for maintaining the official registry, and its structure is typically standardized by state law. It is essential to consult the specific state’s secretary of state website to determine the exact rate, as these fees are subject to change.
Parties should view this as a necessary insurance premium that protects the integrity of the secured party’s claim. For example, fees in states like New York or California may differ significantly from those in less populous regions.
UCC-1 Filing Fee Jurisdiction Guide: Understanding State-by-State Cost Differences
Understanding these jurisdictional differences is vital for corporations that operate nationally and need to file in multiple territories. However, perfection is not a one-time event; most UCC-1 statements have a five-year duration before they lapse.
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