Get the free STATE OF CONNECTICUT UCC-1 FINANCING STATEMENT - vvv sots ct

STATE OF CONNECTICUT UCC-1 FINANCING STATEMENT MAILING ADDRESS: Commercial Recording Division Connecticut Secretary of the State P.O. BOX 150470 Hartford, CT 06115-0470 860-509-6002 COURIER ADDRESS:

How to fill out state of connecticut ucc-1

How to Fill Out State of Connecticut UCC-1:

1. Begin by accessing the official website of the Connecticut Secretary of the State or visit the local office to obtain the State of Connecticut UCC-1 form.
2. Before filling out the form, ensure that you have all the necessary information and documents readily available. This includes the debtor's full legal name, address, and social security number, as well as the secured party's details.
3. On the UCC-1 form, start by filling out the debtor's information accurately in the specified fields. Double-check that the information provided matches the debtor's identification documents.
4. Next, input the secured party's information, ensuring that it is accurate and up to date. This includes their name, address, and contact details.
5. Provide a detailed description of the collateral being used to secure the transaction. Include specific details about the goods, such as make, model, and serial numbers, if applicable.
6. Indicate whether the debtor is an individual or an organization by checking the appropriate box on the form. If the debtor is an organization, provide its legal name, type, and state of incorporation.
7. If applicable, include any additional debtor or secured parties' names and addresses in the appropriate sections of the form. This information may be necessary for multiple debtors or secured parties involved in the transaction.
8. Attach any necessary supporting documents, such as financing statements or security agreements, as required by the Connecticut Secretary of the State.
9. Review the completed UCC-1 form thoroughly to ensure accuracy and completeness. Make any necessary corrections or additions before submitting the form.
10. Once satisfied with the information provided, sign and date the form in the designated areas.

Who Needs State of Connecticut UCC-1:

1. Individuals or businesses that are involved in secured transactions, such as loans, leases, or sales on credit, may need to fill out the State of Connecticut UCC-1 form. This form creates a public record, granting notice to potential creditors about the secured party's interest in the collateral.
2. Financial institutions, lenders, or creditors who provide financing or credit to individuals or businesses often require the completion of a UCC-1 form. This form helps protect their interests by establishing their priority in the event of default or bankruptcy.
3. Businesses that sell goods on credit may utilize the State of Connecticut UCC-1 form to establish their rights to the collateral until the debt is fully paid.

Note: It is crucial to consult with legal counsel or a professional familiar with UCC regulations to ensure compliance with the specific requirements of the State of Connecticut.

For pdfFiller’s FAQs

What is state of connecticut ucc-1?

In Connecticut, UCC-1 refers to a financing statement that a creditor is required to file to establish a security interest in personal property.

Who is required to file state of connecticut ucc-1?

Creditors who want to establish a security interest in personal property are required to file the state of connecticut ucc-1.

How to fill out state of connecticut ucc-1?

To fill out the state of Connecticut UCC-1 form, the creditor must provide information about the debtor, the secured party, and the collateral being used as security.

What is the purpose of state of connecticut ucc-1?

The purpose of the state of Connecticut UCC-1 is to notify the public that a creditor has a security interest in the debtor's personal property.

What information must be reported on state of connecticut ucc-1?

Information such as the debtor's name and address, the secured party's name and address, and a description of the collateral must be reported on the state of Connecticut UCC-1.

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