Get the free COLORADO UCC FINANCING STATEMENT

This document serves for filing a UCC financing statement related to secured transactions in Colorado, requesting specific debtor and secured party information, and covering collateral information.

How to fill out colorado ucc financing statement

How to fill out COLORADO UCC FINANCING STATEMENT

1. Obtain the Colorado UCC Financing Statement form.
2. Fill in the debtor's name and address in Section 1.
3. Provide the secured party's name and address in Section 2.
4. Describe the collateral in Section 3 with a detailed explanation.
5. Indicate any additional information or amendments as necessary.
6. Sign and date the form in Section 4.
7. Submit the completed form to the appropriate filing office, either online or in person.

Who needs COLORADO UCC FINANCING STATEMENT?

1. Businesses seeking to secure a loan or financing using their assets.
2. Lenders requiring documentation to show security interests in collateral.
3. Individuals involved in legal matters regarding secured transactions.

People Also Ask about

What is an example of a UCC?

For example, a drive-in movie theatre needs to borrow money from a creditor for a projector and stereo equipment. The creditor will record a UCC-1 and describe the projector and stereo equipment that was purchased with the loan. If the borrower fails to pay the creditor, the creditor can seize the described equipment.

What is a Colorado UCC statement?

The term UCC includes financing statements, assignments, continuations, amendments, and terminations. UCC's affecting title to real estate within Pitkin County are recorded in our office. UCC fees: (recorded in real estate records at the county level) Document Type.

What is Colorado's UCC statement?

UCC - Uniform Commercial Code / Financing State. The term UCC includes financing statements, assignments, continuations, amendments, and terminations.

How long are UCC filings good for in Colorado?

UCC Financing Statements: Most filings are effective for five years.

What is a CA UCC statement?

A UCC (Uniform Commercial Code) financing statement is a mortgage or security agreement that uses personal property as collateral. These agreements are recorded in the county if real property is affected.

What is the point of an UCC?

The purpose of the UCC was to establish a uniform set of rules to govern commercial transactions, which are often conducted across state lines. The goal of the UCC law is to create a body of rules that would realistically and fairly solve the common problems occurring in everyday commercial transactions.

For pdfFiller’s FAQs

What is COLORADO UCC FINANCING STATEMENT?

The Colorado UCC Financing Statement is a legal document used to secure a creditor's interest in a debtor's personal property, enabling the creditor to establish a claim against that property if the debtor defaults on their obligations.

Who is required to file COLORADO UCC FINANCING STATEMENT?

Lenders or creditors who wish to secure their interests in collateral provided by borrowers are required to file a Colorado UCC Financing Statement.

How to fill out COLORADO UCC FINANCING STATEMENT?

To fill out a Colorado UCC Financing Statement, you need to provide the debtor's name and address, the secured party's name and address, a description of the collateral, and any additional information as required by the Colorado Secretary of State's office.

What is the purpose of COLORADO UCC FINANCING STATEMENT?

The purpose of the Colorado UCC Financing Statement is to publicly record a creditor's security interest in personal property, ensuring that other creditors and interested parties are aware of the secured claim.

What information must be reported on COLORADO UCC FINANCING STATEMENT?

The information that must be reported on a Colorado UCC Financing Statement includes the names and addresses of the debtor and secured party, a description of the collateral, and the date of the filing.