Get the free UCC Affidavit :: Utah :: Uniform Commercial Code ...

State of Utah DEPARTMENT OF COMMERCE Division of Corporations & Commercial Code UCC AffidavitI, ___, swear or affirm: 1. I believe that UCC financing statement file number ___, which identifies me

How to fill out ucc affidavit utah uniform

How to fill out ucc affidavit utah uniform

1. Obtain the UCC Affidavit form from the Utah Secretary of State website or office.
2. Fill in the debtor's information including the name and address.
3. Provide the secured party's information, including their name and address.
4. Clearly describe the collateral that is being secured.
5. Sign and date the affidavit before a notary public.
6. Submit the completed affidavit to the appropriate filing office in Utah.

Who needs ucc affidavit utah uniform?

1. Businesses or individuals seeking to secure a loan with collateral.
2. Creditors wanting to protect their interests in a borrower's assets.
3. Anyone involved in a transaction that requires a public record of a security interest.

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What is ucc affidavit utah uniform?

The UCC affidavit, specifically the Uniform Commercial Code affidavit in Utah, is a legal document that serves to provide public notice of a secured party's interest in the collateral owned by a debtor. It is used to establish priority over other creditors in the event of debtor default.

Who is required to file ucc affidavit utah uniform?

Entities or individuals who are creditors and wish to secure their interests in a debtor's collateral are required to file the UCC affidavit in Utah.

How to fill out ucc affidavit utah uniform?

To fill out the UCC affidavit in Utah, one must provide information regarding the debtor, the secured party, and a description of the collateral. This usually involves completing the designated UCC form with accurate details and ensuring all required signatures are included.

What is the purpose of ucc affidavit utah uniform?

The purpose of the UCC affidavit is to establish a legal claim over a debtor's assets, to provide notice to other creditors about this claim, and to help establish the priority of claims in case of the debtor's bankruptcy.

What information must be reported on ucc affidavit utah uniform?

The UCC affidavit must report the names and addresses of the debtor and secured party, a description of the collateral, and the date of the transaction. Other relevant information may also be required based on the specific UCC form used.