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Get the free ARTICLE 9: - NATURAL RESOURCESFranklin County, NC

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This document details the minutes from the Franklin County Board of Commissioners meeting held on July 1, 1991, covering various decisions, approvals, and budgetary allocations.
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Article 9 - natural refers to a provision within the Uniform Commercial Code (UCC) that deals with the security interests in personal property, particularly focusing on the interests in natural resources or crops.
Entities and individuals who hold a security interest in personal property, such as lenders or buyers, are required to file Article 9 - natural to protect their interests.
To fill out Article 9 - natural, one must provide details such as the debtor's information, secured party's information, and a description of the collateral. Specific forms may vary by jurisdiction.
The purpose of Article 9 - natural is to establish a legal framework for securing loans or credit against personal property, ensuring that creditors have a defined process to claim collateral in case of default.
Information that must be reported includes the names and addresses of the debtor and secured party, a description of the secured property, and the specific nature of the security interest.
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