Get the free UCC Financing Statement Addendum - Sedgwick County - sedgwickcounty

UCC FINANCING STATEMENT ADDENDUM FOLLOW INSTRUCTIONS 9. NAME OF FIRST DEBTOR: Same as line 1a or 1b on Financing Statement; if line 1b was left blank because Individual Debtor name did not fit, check

How to fill out ucc financing statement addendum

How to fill out UCC financing statement addendum:

1. Gather all necessary information: Before starting to fill out the UCC financing statement addendum, make sure you have all the required information at hand. This includes the debtor's name and address, the secured party's name and address, and a description of the collateral.
2. Download the official UCC financing statement addendum form: Visit the appropriate government website or contact your local Secretary of State office to obtain the official UCC financing statement addendum form. Most states provide a fillable PDF version that you can download and complete electronically.
3. Start with the debtor information: Begin by entering the debtor's name and address in the appropriate section of the UCC financing statement addendum form. Ensure that the provided information is accurate and up to date.
4. Provide the secured party information: Next, enter the secured party's name and address in the corresponding section of the form. Double-check the accuracy of this information as well.
5. Describe the collateral: In the designated area of the form, provide a detailed description of the collateral being used to secure the financing. This description should be clear and specific to avoid any misunderstandings or disputes.
6. Attach additional pages if necessary: If the space provided on the UCC financing statement addendum form is insufficient to fully describe the collateral, attach additional pages as needed. Ensure that all attached pages are clearly labeled and properly referenced on the main form.
7. Review and proofread: Before submitting the UCC financing statement addendum, carefully review all the information you have entered to eliminate any errors or omissions. A thorough review will help ensure the accuracy and validity of the filing.
8. Submit the completed form: Once you are satisfied with the accuracy of the information provided, submit the completed UCC financing statement addendum form to the appropriate authority. This is typically done by mailing or delivering the form to the local Secretary of State office or any other designated filing office.

Who needs UCC financing statement addendum:

1. Secured parties: Secured parties who have a security interest in specific collateral may require a UCC financing statement addendum to provide additional details or clarify the terms of their security agreement. This allows them to protect their rights and interests in the collateral.
2. Debtors and borrowers: Debtors who have granted a security interest in their assets or borrowers who have used specific collateral as collateral for a loan may also be involved in filling out a UCC financing statement addendum. It is important for them to understand the process and requirements to ensure the accurate representation of their collateral and obligations.
3. Attorneys and legal professionals: Attorneys and legal professionals who handle commercial and financial transactions often deal with UCC financing statement addendums. They may be responsible for advising their clients on how to properly complete and file the addendum to protect their interests or to ensure compliance with applicable laws and regulations.

Overall, anyone involved in a transaction that requires the use of a UCC financing statement and additional information regarding the collateral should be familiar with the process and may need to fill out a UCC financing statement addendum.

For pdfFiller’s FAQs

What is ucc financing statement addendum?

A UCC financing statement addendum is a supplementary document that is filed along with a UCC financing statement to provide additional information about the secured transaction.

Who is required to file ucc financing statement addendum?

The party making the initial filing of the UCC financing statement is typically required to file the addendum if additional information needs to be provided.

How to fill out ucc financing statement addendum?

To fill out a UCC financing statement addendum, you need to provide the required information such as the names and addresses of the debtor and the secured party, a description of the collateral, and any other relevant details.

What is the purpose of ucc financing statement addendum?

The purpose of a UCC financing statement addendum is to provide additional information that may not fit in the main UCC financing statement. It helps ensure clarity and accuracy in the secured transaction.

What information must be reported on ucc financing statement addendum?

The information reported on a UCC financing statement addendum may vary depending on the specific transaction, but it typically includes details about the debtor and secured party, the collateral, amendments to the original financing statement, and any other relevant information.

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

The deadline to file a UCC financing statement addendum in 2023 may vary depending on local or jurisdictional requirements. It is recommended to consult the relevant authorities or legal professionals for the specific deadline.

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

The penalty for the late filing of a UCC financing statement addendum may vary depending on local or jurisdictional regulations. It is important to comply with the filing deadlines to avoid any potential penalties or consequences.

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