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THE 2010 AMENDMENTS TO UCC ARTICLE 9 SUMMARY OF STATUTORY CHANGES Prepared by Paul Minefield Associate General Counsel Corporation Service Company 2011 Corporation Service Company SUMMARY OF 2010
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Form amendments to UCC are changes made to the Uniform Commercial Code (UCC) filing that modify or update the existing information.
Any party who has previously filed a UCC financing statement and needs to make changes or updates to the information provided is required to file form amendments to UCC.
Form amendments to UCC can usually be filled out online or on paper, depending on the filing system of the state. The form typically requires the filer to provide details of the original filing and the changes being made.
The purpose of form amendments to UCC is to ensure that the information provided in the UCC filing remains accurate and up to date, reflecting any changes in the underlying transaction or collateral.
Form amendments to UCC require the filer to provide information such as the original filing number, the changes being made, and any additional details necessary to update the UCC filing.
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