RCW 62A.9A-503
Name of debtor and secured party.
(Effective until July 1, 2013.)
(a) Sufficiency of debtor's
name. A financing statement sufficiently provides the name of
the debtor:
(1) If the debtor is a registered organization, only if the
financing statement provides 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;
(2) If the debtor is a decedent's estate, only if the
financing statement provides the name of the decedent and
indicates that the debtor is an estate;
(3) If the debtor is a trust or a trustee acting with
respect to property held in trust, only if the financing
statement:
(A) Provides the name specified for the trust in its organic
documents or, if no name is specified, provides the name of the
settlor and additional information sufficient to distinguish the
debtor from other trusts having one or more of the same settlors;
and
(B) Indicates, in the debtor's name or otherwise, that the
debtor is a trust or is a trustee acting with respect to property
held in trust; and
(4) In other cases:
(A) If the debtor has a name, only if it provides the
individual or organizational name of the debtor; and
(B) If the debtor does not have a name, only if it provides
the names of the partners, members, associates, or other persons
comprising the debtor.
(b) Additional debtor-related information. 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 subsection (a)(4)(B) of this
section, names of partners, members, associates, or other persons
comprising the debtor.
(c) Debtor's trade name insufficient. A financing statement
that provides only the debtor's trade name does not sufficiently
provide the name of the debtor.
(d) Representative capacity. 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) Multiple debtors and secured parties. A financing
statement may provide the name of more than one debtor and the
name of more than one secured party.
[2000 c 250 § 9A-503.]
RCW 62A.9A-503
Name of debtor and secured party.
(Effective July 1, 2013.)
(a) Sufficiency of debtor's name. A
financing statement sufficiently provides the name of the debtor:
(1) Except as otherwise provided in (3) of this subsection
(a), 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 the 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 (3)(A)(i) of
this subsection, indicates that the collateral is held in a
trust; or
(ii) If the name is provided in accordance with (3)(A)(ii)
of this subsection, 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 driver's license
or identification card that this state has issued to the
individual 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) Additional debtor-related information. 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 subsection (a)(5)(B) of this
section, names of partners, members, associates, or other persons
comprising the debtor.
(c) Debtor's trade name insufficient. A financing statement
that provides only the debtor's trade name does not sufficiently
provide the name of the debtor.
(d) Representative capacity. 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) Multiple debtors and secured parties. A financing
statement may provide the name of more than one debtor and the
name of more than one secured party.
(f) Name of decedent. The name of the decedent indicated on
the order appointing the personal representative of the decedent
issued by the court having jurisdiction over the collateral is
sufficient as the "name of the decedent" under subsection (a)(2)
of this section.
(g) Multiple driver's licenses. If this state has issued to
an individual more than one driver's license or identification
card of a kind described in subsection (a)(4) of this section,
the one that was issued most recently is the one to which
subsection (a)(4) of this section refers.
(h) Definition. 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.
[2011 c 74 § 401; 2000 c 250 § 9A-503.]
NOTES:
Application -- Correction of references -- Effective date -- 2011 c 74: See notes following RCW 62A.9A-102.