Business and Personal Finance Dictionary

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• PUBLIC RECORDS
  
  The records maintained by a filing authority that record the ownership and/or security interests held in property. Under Article 9 of the Uniform Commercial Code (UCC), creditors can perfect interests in a debtor’s personal property by recording a lien in the public records. Some states require such UCC filings to be made in a central, state-wide location. Other states require UCC filings to be made in public records maintained locally in each county. Both ownership and liens in real property are usually recorded in public records maintained by each county.
  
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