Committee hears testimony on bill to block and remove unauthorized UCC filings
The Civil Rights and Judiciary Committee held a public hearing on House Bill 2640, a Department of Licensing agency-request bill that would let the filing office refuse and terminate fraudulent or harassing Uniform Commercial Code financing statements and create criminal penalties for intentional misuse.
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The Civil Rights and Judiciary Committee on Jan. 30 heard testimony on House Bill 2640, which would create administrative procedures to address unauthorized Uniform Commercial Code (UCC) Article 9A financing-statement filings and impose criminal penalties for intentional misuse.
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