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This document provides instructions and a form for filing a UCC in-lieu of filing statement in North Carolina, including details on how to fill out the form correctly and the associated fees.
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How to fill out ucc in-lieu of filing
How to fill out UCC In-Lieu Of Filing Form
01
Obtain the UCC In-Lieu Of Filing Form from the appropriate state office.
02
Fill in the debtor's name and address in the designated fields.
03
Provide the secured party's name and address.
04
Enter detailed information about the collateral involved.
05
Indicate if there are any previous UCC filings related to this transaction.
06
Review the form for accuracy and completeness.
07
Sign and date the form where indicated.
08
Submit the completed form to the appropriate filing office as per state requirements.
Who needs UCC In-Lieu Of Filing Form?
01
Any individual or business entity that intends to create a security interest in collateral and seeks to avoid a formal UCC filing.
02
Lenders who require a simplified form to establish their rights without the added complexity of a full UCC filing.
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What is UCC In-Lieu Of Filing Form?
The UCC In-Lieu Of Filing Form is a document used in place of a standard UCC filing to provide notice of a security interest in personal property. It serves as a simplified alternative to the detailed filings typically required under the Uniform Commercial Code.
Who is required to file UCC In-Lieu Of Filing Form?
Parties who hold a security interest in personal property, such as lenders or creditors, may be required to file the UCC In-Lieu Of Filing Form to notify others of their interest when not using standard UCC filings.
How to fill out UCC In-Lieu Of Filing Form?
To fill out the UCC In-Lieu Of Filing Form, provide the names and addresses of the secured party and debtor, a description of the collateral, and any other required information as specified by the state regulations overseeing UCC filings.
What is the purpose of UCC In-Lieu Of Filing Form?
The purpose of the UCC In-Lieu Of Filing Form is to provide a simplified means for creditors to notify others of their security interest in personal property without undergoing the complete UCC filing process.
What information must be reported on UCC In-Lieu Of Filing Form?
The UCC In-Lieu Of Filing Form must include the secured party's name and address, the debtor's name and address, a description of the collateral, and any other pertinent details required by the jurisdiction of filing.
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