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UNIFORM COMMERCIAL CODE (EXCERPT)
Act 174 of 1962
440.9521 Form and format of written initial financing statement and amendment.
Sec. 9521. (1) Except for a reason set forth in section 9516(2) or
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What is uniform commercial code excerpt?
The Uniform Commercial Code (UCC) excerpt is a set of laws that govern commercial transactions in the United States.
Who is required to file uniform commercial code excerpt?
Any individual or business entity engaging in commercial transactions is required to file a UCC excerpt.
How to fill out uniform commercial code excerpt?
To fill out a UCC excerpt, you will need to provide information about the parties involved in the transaction, the collateral being used, and any other relevant details.
What is the purpose of uniform commercial code excerpt?
The purpose of the UCC excerpt is to establish a uniform set of rules for commercial transactions to promote efficiency and predictability in the marketplace.
What information must be reported on uniform commercial code excerpt?
The information required on a UCC excerpt includes the names of the parties involved, a description of the collateral, and any other relevant details about the transaction.
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