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Uniform Commercial Code, Article 9 Oklahoma UCC Central Filing Office Administrative Rules 2023 EditionFrom the Office of Oklahoma County Clerk 320 Robert S. Kerr Room 203 Oklahoma City, OK 73012 Office
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How to fill out uniform commercial code article

01
Obtain the necessary forms for filing a Uniform Commercial Code (UCC) Article.
02
Fill out the debtor's information accurately, including name, address, and contact details.
03
Provide a detailed description of the collateral being used to secure the transaction.
04
Include any additional terms or conditions that may apply to the agreement.
05
Sign and date the UCC Article form before submitting it for filing.

Who needs uniform commercial code article?

01
Businesses looking to secure financing through a secured transaction.
02
Creditors who want to protect their interest in collateral used by a borrower.
03
Legal professionals dealing with commercial transactions and loans.
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The Uniform Commercial Code (UCC) Article refers to a set of laws that govern commercial transactions in the United States, specifically related to the sale of goods, secured transactions, and other commercial activities.
Typically, creditors who are securing loans or interests in collateral must file a UCC article to perfect their security interest and notify other parties of their claims.
To fill out a UCC article, one must provide specific information including the names and addresses of the secured party and debtor, an indication of the collateral, and any other required information dictated by state laws.
The purpose of a UCC article is to establish a standardized set of rules for commercial transactions, ensuring predictable legal outcomes and protecting the rights of creditors and debtors.
The information that must be reported includes the names and addresses of the debtor and secured party, a description of the collateral, and the filing office where the UCC is submitted.
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