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Secretary of the State of ConnecticutPHONE: 8605096003 EMAIL: crd@ct.gov WEB: www.concordsots.ct.govUCC FINANCING STATEMENT AMENDMENT ADDENDUM USE INK. COMPLETE ALL SECTIONS. PRINT OR TYPE. ATTACH
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How to fill out ucc financing statement amendment

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How to fill out ucc financing statement amendment

01
To fill out a UCC Financing Statement Amendment, you need to follow these steps:
02
Obtain the correct form: You can find the UCC Financing Statement Amendment form from the appropriate filing office, typically the secretary of state's office.
03
Provide the necessary information: Fill out the form with accurate and complete information. This includes identifying information of the original financing statement, such as the filing date, file number, and the name of the debtor and secured party.
04
Indicate the changes: Clearly specify the amendments or changes you are making to the original financing statement. This may include adding or removing collateral, changing the terms of the agreement, or updating debtor information.
05
Sign and date the amendment: Both the debtor and secured party must sign and date the UCC Financing Statement Amendment.
06
Submit the amendment: File the completed amendment with the appropriate filing office. Pay any required fees and ensure you meet the submission requirements set by the filing office.

Who needs ucc financing statement amendment?

01
Various parties may need a UCC Financing Statement Amendment, including:
02
- Debtors who want to modify the terms or collateral of their existing UCC financing statement.
03
- Secured parties who need to update or correct information in the original financing statement.
04
- Creditors who want to add or remove collateral from an existing UCC financing statement.
05
- Companies undergoing mergers, acquisitions, or reorganizations that require modifications to their UCC financing statements.
06
- Anyone involved in a financial transaction governed by the Uniform Commercial Code (UCC) that necessitates changes to the existing UCC financing statement.
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A UCC financing statement amendment is a legal document that modifies or updates an existing UCC financing statement, which is filed to provide public notice of a secured party's interest in a debtor's collateral.
The secured party or their authorized representative is required to file a UCC financing statement amendment when there are changes to the original filing, such as changes in the debtor's name, the collateral, or the secured party's information.
To fill out a UCC financing statement amendment, you need to provide the original filing information, specify the type of amendment (e.g., addition, deletion, or change of the debtor's name or description of collateral), and ensure that all required signatures are included.
The purpose of a UCC financing statement amendment is to keep public records accurate and up-to-date, reflecting any changes to the secured transaction's details and thereby protecting the rights of both the secured party and the debtor.
The information that must be reported includes the original UCC filing number, the names and addresses of the debtor and secured party, the type of amendment being made, and any updated information related to collateral.
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