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UCC FINANCING STATEMENT ADDITIONAL PARTY FOLLOW INSTRUCTIONS (front and back) CAREFULLY 18. NAME OF FIRST DEBTOR (1a or 1b) ON RELATED FINANCING STATEMENT 18a. ORGANIZATION'S NAME OR 18b. INDIVIDUAL'S

How to fill out ucc1 financing statement additional

How to fill out UCC1 financing statement additional:

1. Begin by obtaining the necessary forms: To fill out the UCC1 financing statement additional, you will need the appropriate forms, which can be obtained from the Secretary of State's office or their website.
2. Understand the purpose of the form: The UCC1 financing statement additional is used to provide information on additional collateral or amendments to the original UCC1 filing. It is important to accurately provide the relevant details to ensure proper recording and notification to interested parties.
3. Provide the debtor information: Start by entering the debtor's name and address on the form. This information should match the debtor's name as listed on the original UCC1 filing.
4. Identify the secured party: Indicate the name and address of the secured party, who is the person or entity with a security interest in the collateral. Again, this information should align with the original UCC1 filing.
5. Describe the collateral: Clearly and accurately describe the collateral being used as security for the transaction. This may include specific details such as make, model, serial number, or other distinguishing features.
6. Include amendments or additional collateral: Use the UCC1 financing statement additional to add or amend information related to the original UCC1 filing. State the specific changes or additions being made and clearly indicate whether it is an amendment or additional collateral.
7. Submit the form: Once you have completed all the necessary sections, review the form for accuracy and ensure all required fields are filled. Sign and date the form, and submit it to the Secretary of State's office for filing.

Who needs UCC1 financing statement additional:

1. Lenders: Lenders who have a security interest in collateral provided by a debtor may require a UCC1 financing statement additional to add or amend information related to the original filing. This helps protect their interest in the collateral and provides notice to other potential creditors.
2. Borrowers: Borrowers who have entered into a lending agreement and provided collateral may need to fill out a UCC1 financing statement additional if there are changes or additions to the collateral being used as security. This ensures proper record-keeping and notification to all relevant parties.
3. Businesses and Individuals: Any business or individual who is involved in transactions that require collateral to secure a loan or debt may need to complete a UCC1 financing statement additional. It is important to consult with legal counsel or financial professionals to determine if this form is necessary in your specific situation.

For pdfFiller’s FAQs

What is ucc1 financing statement additional?

A UCC-1 financing statement additional is a document filed to provide additional information or updates to an existing UCC-1 financing statement.

Who is required to file ucc1 financing statement additional?

Any party or entity with a financial interest in the collateral listed on the original UCC-1 financing statement may be required to file a UCC-1 financing statement additional.

How to fill out ucc1 financing statement additional?

To fill out a UCC-1 financing statement additional, you will need to provide the additional information or updates required and file the document with the appropriate filing office.

What is the purpose of ucc1 financing statement additional?

The purpose of a UCC-1 financing statement additional is to provide a record of any changes or updates to the original UCC-1 financing statement, ensuring that all relevant information is accurate and up-to-date.

What information must be reported on ucc1 financing statement additional?

The information reported on a UCC-1 financing statement additional may include changes to the debtor's information, modifications to the collateral description, or updates to the financing statement itself.

Where do I find ucc1 financing statement additional?

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