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This document serves as a UCC Financing Statement Amendment for Timber Creek Casualty Insurance, detailing terminations and changes effective as of February 7, 2022.
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What is ucc financing statement amendment?
A UCC financing statement amendment is a legal document used to update or modify information in an existing UCC financing statement, which is a public record that indicates a secured party's interest in a debtor's collateral.
Who is required to file ucc financing statement amendment?
The secured party or the debtor, when there is a change in the information associated with the original UCC financing statement, such as changes in debtor's name, address, or the details of the collateral.
How to fill out ucc financing statement amendment?
To fill out a UCC financing statement amendment, one must provide the original filing number, the details of the changes being made, and any new information pertaining to the debtor or secured party, and then file it with the appropriate state office.
What is the purpose of ucc financing statement amendment?
The purpose of a UCC financing statement amendment is to ensure that the public records accurately reflect the current status of the secured transaction, including any changes that may affect the rights of secured parties and the security interests.
What information must be reported on ucc financing statement amendment?
Information that must be reported includes the original UCC filing number, the name and address of the debtor, the name and address of the secured party, and any specific changes to the collateral descriptions or other pertinent details.
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