The statutes regarding Uniform Commercial Code Regulations have been amended to provide a way to have bogus liens terminated. According to the new statutes, an individual or an organization’s representative can file a notarized affidavit stating that a financing statement was not filed by a financial institution or its representative and by was filed by someone not entitled to do so as under state law. The new law will allow for this affidavit to be reviewed in order to have the financing statement terminated. These revisions to the statute will help protect against fraudulent filings. Click on the link below for the text of the revised statute.
http://nebraskalegislature.gov/FloorDocs/Current/PDF/Intro/LB210.pdf
Nebraska – UCC Statutes Amended Regarding Bogus Liens