How registrations are handled:
After you submit a Financing Statement to our staff, we will carefully review it. If the information is complete, accurate, and acceptable for entry, it will be submitted by our staff, into the Personal Property Information System (PERPIS), at which time a registration number will be generated by the system.
It is your responsibility to make sure that the information on any form is accurate. A registration can be invalidated or its effect impaired by an informational error or omission that is considered seriously misleading. Seriously misleading information could result in the registration not being disclosed in a search result. Particular care should be taken in completing the description of debtor names and serial numbers, when completing your Financing Statement.
A secured party has an obligation to ensure there are sufficient grounds for the registration and that the registration is made in good faith. A failure to comply with this obligation could lead to a claim by any person suffering damages as a result of such a registration. If such an unsubstantiated claim is made, Gold Key Registries may not be held liable.
After your interest is registered on PERPIS, our staff will provide you with a Verification Statement confirming the registration information as it was entered into PERPIS. Check your statement carefully to ensure that all information was recorded accurately. If errors are detected, have the error amended immediately on PERPIS. The verification statement can be used to renew or discharge your registration.