News Flash
6/11/2010 9:08:13 AM
Building on 40 years of experience, NCS is proud to introduce the next generation of The National Lien Digest.
Click here to see a special sneak preview!
6/4/2010 4:22:42 PM
Australia extends Personal Property Reform Bill until May 2011
In Australia, Personal Property security reform has been a policy of
issue for many years.
Following the lead of the United States, Canada
and New Zealand, the Commonwealth Government of Australia released the
Personal Properties Securities Bill in 2008. The reform Bill is proposed
to establish national comprehensive rules governing security interests
in personal property. The Bill intends to remove the current
limitations on the use of personal property as a security for loans. It
will also develop a single national online register of personal property
security interests, helping secured creditors determine priority.
In
November 2008, the Bill was referred to the Standing Committee on Legal
and Constitutional Affairs. On March 19, 2009, the Standing Committee
extended the commencement of Bill from May 2010 to May 2011 in order to
implement the Standing Committee's recommendations. It is possible that
further amendments will be made to the Bill before it is debated in
Parliament. In all likelihood the Bill will be passed providing a huge
benefit to secure personal property in Australia.
5/13/2010 11:22:55 AM
NCS Invited to Participate in UCC eCommerce Project
NCS UCC Services Group is one of only eight companies who were invited by the Virginia Clerk's Office to participate in the SCC eFile UCC Users Group eCommerce Project.
The eCommerce project is the design, development and implementation of a web-based UCC online filing and payment solution.
As an external stakeholder, NCS has the opportunity to share our expertise and provide input to ensure the eCommerce application is of value and will be used.
5/10/2010 11:54:11 AM
Puerto Rico Gets Assistance with UCC Processing
The Puerto Rico Department of State has hired INFOMAX Corporation to assist in the processing of UCC information.
Most of the backlog of thousands of documents since June 2009 have been processed. They are currently working on filings for April and May 2010.
Documents will be returned as soon as they are posted. Requests for information (search requests) still reflect a through date of June 30, 2009.
4/24/2010 10:29:00 AM
Licensing of Elevator Contractors and Mechanics in Utah
The Utah statute has been amended to provide for the licensing of elevator contractors and elevator mechanics in Chapter 55 of Title 58, Utah Construction Trades Licensing Act.
The legislation:
- Provides qualifications for licensure of an elevator contractor and elevator mechanic.
- Provides for an emergency temporary elevator mechanic's license.
- Provides for exemptions.
- Provides a continuing education requirement.
This legislation is viewable at
http://le.utah.gov/~2010/bills/hbillenr/hb0011.pdf
Unless noted otherwise, Utah legislation typically becomes effective within 60 days from the date the legislature adjourns (60 days from March 5, 2010.)
4/19/2010 12:58:00 PM
Beware! Oregon Statute Requires Contractors Be Licensed
The passage of Oregon HB 3689 prohibits those who provide material, equipment or labor from filing a lien if they furnish the material, equipment or labor to an unlicensed contractor. This applies only to projects to renovate, remodel, repair or otherwise alter an existing owner-occupied residence.
This legislation can be viewed here:
http://www.leg.state.or.us/10ss1/measpdf/hb3600.dir/hb3689.en.pdf
10/16/2009 3:35:00 PM
Important Changes in Pennsylvania Lien Laws
Pennsylvania Senate Bill 563 became effective October 10, 2009.
The new law provides that a waiver of lien rights may be filed, preventing liens from attaching to residential property. Previously, no-lien agreements were available only on residential projects with general contracts under $1 million. Now, a waiver of lien rights may be filed on any residential project, regardless of the contract value.
8/10/2009 2:30:00 PM
Efficient. Paperless. Secure.
Your documents will now be stored electronically in a secure central location, easily accessible 24/7 from anywhere, allowing you to work more efficiently.
» Virtual File Cabinet: You can easily access all completed documents with just a few clicks of your mouse.
» Efficient and Organized: Everyone with access to a contact’s portal can view the documents.
» Paperless Archiving: Documents do not need to be printed to maintain a copy.
» Easy Email Retrieval: The subject line of the notification email will now include your reference number and debtor name.
» Simple: The text of the email will describe the next action and time frame, along with any pertinent notes.
» Comprehensive Storage and Archiving: Other legal documentation (notices of commencement, payment bonds, etc.) and any written communication received in response to a provided service will be included in your document pool.
» Environmentally Friendly: Paperless records mean less waste while conserving resources.
