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FILING OFFICE COPY UCC FINANCING STATEMENT AMENDMENT ADDENDUM (Form UCC3Ad) (Rev. 04/20/11). UCC FINANCING STATEMENT ...
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How to fill out ucc financing statement amendment

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How to fill out a UCC financing statement amendment:

01
Obtain the correct form: Begin by making sure you have the correct UCC financing statement amendment form. These forms can usually be found on the website of the Secretary of State or the appropriate governing body in your jurisdiction.
02
Provide the necessary information: Fill out the form with accurate and up-to-date information. This includes providing the debtor's name and address, the secured party's name and address, and a description of the collateral that is being amended.
03
Identify the original financing statement: Indicate the original financing statement that is being amended. This includes providing the filing date and the file number of the original statement.
04
Specify the amendments: Clearly state the amendments being made to the original financing statement. This can include correcting errors, adding additional collateral, removing collateral, or modifying any other details included in the original statement.
05
Sign and submit: Sign the UCC financing statement amendment form, ensuring that you are authorized to make changes on behalf of the secured party or debtor. Then, submit the completed form to the appropriate governing body along with any applicable fees.

Who needs a UCC financing statement amendment?

01
Individuals or businesses that have previously filed a UCC financing statement and need to make changes or amendments to the original statement.
02
Secured parties who want to modify the terms of their security interest in the collateral.
03
Debtors who need to correct any errors or update the information provided in the original financing statement.
In summary, anyone who has previously filed a UCC financing statement and needs to make changes or amendments to it may require a UCC financing statement amendment. This can include both secured parties and debtors involved in a secured transaction.
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The UCC financing statement amendment is a document that modifies, adds, or removes information from an existing UCC financing statement. It is used to update and reflect changes in the original statement.
The party who originally filed the UCC financing statement is usually responsible for filing the amendment. This is typically the secured party, which can be a lender or creditor holding a security interest in the debtor's personal property.
To fill out a UCC financing statement amendment, you typically need to provide the following information: the file number of the original statement, the name of the debtor and secured party, and the specific changes being made. This information is then filed with the appropriate state authority, usually the Secretary of State or a similar agency.
The purpose of a UCC financing statement amendment is to ensure accuracy and provide notice to interested parties about any changes to the original filing. It allows for the updating of information and ensures that the public record remains current and accurate.
The information reported on a UCC financing statement amendment typically includes the file number of the original statement, the names and addresses of the debtor and secured party, and the specific changes being made. This may include adding or removing collateral, modifying terms or conditions, or updating contact information.
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