UCC1AP 2002 free printable template

UCC FINANCING STATEMENT ADDITIONAL PARTY FOLLOW INSTRUCTIONS (front and back) CAREFULLY 19. NAME OF FIRST DEBTOR (1a or 1b) ON RELATED FINANCING STATEMENT 19a. ORGANIZATION'S NAME OR 19b. INDIVIDUAL'S

SOURCE OF FUNDS INCLUDE (1), (2) or (3) (see 26.03.02(1)(d).) 22. INCOME TAX REFUND if you were a participant in one or more of the following types of tax years: 22a. 2009(a), 2010(a) or 2011(a). 23. BANKRUPTCY (see 26.03.03) RECESSION LOAN, BANKRUPTCY 23. ABOVE, or INCOME TAX REFUND ADDITIONAL PARTY FOLLOW INSTRUCTIONS (front and back) CAREFULLY 24. MISCELLANEOUS: Insert “A” or “B” at end of your name. FOR A SINGLE DEBTOR insert a comma between debtors' names 25. Add the “E” in (3) at end of address for each additional party, as given. For multiple debtors, name the “E” first, followed by the number of additional debtors 25a. ADDITIONAL DEBTOR OR SOURCE OF FUNDS NAME OR MAILING ADDRESS 1a. ORGANIZATION'S NAME or 1b. INDIVIDUAL'S LAST NAME 1c. MISCELLANEOUS: Insert “T” in (1a), (1b) or (1c). NOTE — “T. T” is the name of your business entity. If you have an additional business entity, you may also include the “T.T.” at a location different from that of the other entity. For a sole proprietorship, you do not need to list names of its officers. Note: If you are a member of another type of legal entity, you may need to list additional members. 24. ADDITIONAL DEBTOR OR SOURCE OF FUNDS NAME OR MAILING ADDRESS 1d. SOURCE OF FUNDS INCLUDE (1), (2) or (3) (see 26.03.02(1)(d).) 25. INCOME TAX REFUND if you were a participant in one or more of the following types of tax years: 25a. 2009(a), 2010(a) or 2011(a). 26.

People Also Ask about ucc financing statement additional

Who is the debtor and who is the secured party?

Secured party is a lender, seller, or other person in whose favor a security interest exists. Debtor is the person who owes payment or performance of the obligation that is secured. Security agreement is the agreement between the secured party and the debtor that creates or provides for a security interest.

What is an example of a secured party creditor?

A secured creditor may be the holder of a real estate mortgage, a bank with a lien on all assets, a receivables lender, an equipment lender, or the holder of a statutory lien, among other types of entities.

What is a UCC-1 financing statement used for?

In fact, it is sometimes called a UCC financing statement. A creditor files a UCC-1 to provide notice to interested parties that he or she has a security interest in a debtor's personal property. This personal property is being used as collateral in some type of secured transaction, usually a loan or a lease.

What is the secured party name on a UCC financing statement?

To put it in simple terms, the secured party is the creditor on the UCC loan. The creditor is the secured party because they have a financial interest in the collateral which the lien is on.

What is an example of a UCC filing?

An Example of a UCC Lien Filing If you secure equipment financing, the lender will file a UCC lien to state that if the debt for the espresso machine is not repaid, the lender has the right to repossess the espresso machine or seize other assets from your business.

Is a UCC-1 a mortgage?

The UCC-1 is akin to a real estate mortgage, but for personal property. With real estate, the way a third party knows that a creditor must be paid before he or she takes the real estate free and clear is by reviewing the real estate records and seeing if there are outstanding mortgages.

What is the purpose of filing a UCC-3 financing statement?

A UCC-3 is used as a way to amend that original lien filing and do things like terminate the UCC, edit any of the details of the lien, or assign your interests to another secured party for the lien.

For pdfFiller’s FAQs

What is ucc financing statement additional?

UCC financing statement additional refers to a document that is filed to provide additional information or amendments to an existing Uniform Commercial Code (UCC) financing statement.

Who is required to file ucc financing statement additional?

Any party who wishes to provide additional information or amendments to an existing UCC financing statement is required to file a UCC financing statement additional.

How to fill out ucc financing statement additional?

To fill out a UCC financing statement additional, the filer needs to provide the necessary information requested on the form, including the debtor's name, collateral description, and any additional amendments or information.

What is the purpose of ucc financing statement additional?

The purpose of a UCC financing statement additional is to ensure that any changes, amendments, or additional information related to an existing UCC financing statement are properly recorded and made available to interested parties.

What information must be reported on ucc financing statement additional?

The information that must be reported on a UCC financing statement additional includes the debtor's name, collateral description, any amendments or additional information, and any other relevant details as required by the specific jurisdiction's UCC filing requirements.

When is the deadline to file ucc financing statement additional in 2023?

The specific deadline to file a UCC financing statement additional in 2023 may vary based on the jurisdiction. It is recommended to check with the relevant filing office or consult legal counsel for the accurate deadline.

What is the penalty for the late filing of ucc financing statement additional?

The penalty for late filing of a UCC financing statement additional may vary depending on the jurisdiction and specific circumstances. It is advisable to consult legal counsel or refer to the applicable UCC statutes or regulations to determine the exact penalties for late filing.

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