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UCC FINANCING STATEMENT NAME & PHONE OF CONTACT Patrick Devine ppdfarm1usa@yahoo.com (641) 5410035 SEND ACKNOWLEDGMENT TO: Patrick Devine ppdfarm1usa@yahoo.comFiling # 120011164821 Filed 8/24/2012
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How to fill out dfi uniform commercial code

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How to fill out dfi uniform commercial code

01
Obtain the necessary forms for filing a Uniform Commercial Code (UCC) in your state.
02
Fill out the forms with accurate and complete information, including the debtor's name and address, collateral description, and any other required fields.
03
Pay the filing fee and submit the forms to the appropriate filing office, which is typically the Secretary of State's office.
04
Keep a copy of the filed UCC form for your records and provide a copy to the debtor.

Who needs dfi uniform commercial code?

01
Businesses that want to establish their security interest in personal property used as collateral for loans or credit transactions.
02
Creditors who want to protect their financial interests in case the debtor defaults on the loan.
03
Financial institutions that require UCC filings as part of their lending process.
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The DFI Uniform Commercial Code (UCC) refers to a set of laws that standardize financial contracts and transactions across states, promoting uniformity and clarity in commercial transactions.
Entities such as businesses, creditors, and lenders involved in securing interests in personal property are required to file the DFI Uniform Commercial Code.
To fill out the DFI Uniform Commercial Code, you need to provide details such as the debtor's name, the secured party's name, and a description of the collateral. It is often done using specific forms provided by state authorities.
The purpose of the DFI Uniform Commercial Code is to provide a consistent framework for commercial transactions, facilitating secured transactions and protecting the rights of creditors.
Information that must be reported includes the names and addresses of the debtor and secured party, the type of collateral being secured, and any previous filings affecting the collateral.
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