There Is a Newer Version of the Pennsylvania Consolidated Statutes
2012 Pennsylvania Consolidated Statutes
Title 13 - COMMERCIAL CODE
Chapter 95 - Filing
Section 9503 - Name of debtor and secured party
§ 9503. Name of debtor and secured party.
(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:
(i) 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
(ii) 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:
(i) if the debtor has a name, only if it provides
the individual or organizational name of the debtor; and
(ii) 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 which provides the name of the debtor in accordance
with subsection (a) 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)(ii), names
of partners, members, associates or other persons comprising
the debtor.
(c) Debtor's trade name insufficient.--A financing statement
which 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.
Cross References. Section 9503 is referred to in section
9506 of this title.
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