UCC1 - Financing Statement - Georgia - For use after July 1, 2001. This form is a financing statement used to cover certain collateral as specified in the form. This Financing Statement complies will all applicable state laws.
The UCC 1 Form Georgia format refers to the specific format or layout that should be followed when filing a UCC 1 financing statement in the state of Georgia. The UCC 1 form is a standardized legal document used to provide notice of a secured party's interest in collateral, typically in the context of a loan or business transaction. The UCC 1 form Georgia format consists of several sections that must be completed accurately and in compliance with the state's requirements. These sections include: 1. Debtor Information: This section requires the legal name and address of the individual or entity granting the security interest (the debtor). It is important to provide accurate and up-to-date information to ensure proper notification. 2. Secured Party Information: Here, the UCC 1 form asks for the name and address of the individual or entity authorized to enforce the security interest (the secured party). This section ensures that the secured party can be properly identified. 3. Collateral Description: This is a critical section where the specific collateral being used to secure the loan or transaction must be described accurately. It includes both a general description and any applicable specifics such as make, model, and serial number. 4. Financing Statement Information: This section requires specific details related to the financing statement being filed, such as the date of filing, the county where it is filed, and the duration of the collateral. 5. Additional Provisions: Any additional terms or special provisions relating to the security agreement or the transaction can be included in this section. This may include any modifications or amendments to the initial agreement. It is important to note that the UCC 1 form Georgia format must comply with the Uniform Commercial Code (UCC) guidelines, which provide a consistent framework for transactions involving personal property throughout the United States. In addition to the traditional UCC 1 form, there may be variations or specific types of UCC 1 forms used in Georgia, such as: 1. UCC 1AD: This form is used for additional debtor information, allowing for the inclusion of other debtors or parties involved in the transaction. 2. UCC 1AP: This form is used for additional secured party information, when there are multiple secured parties involved in the transaction. 3. UCC 1F: This form is used for additional collateral information, providing more space to describe the collateral in detail. It is crucial to consult the appropriate UCC resources or legal professionals to ensure that the correct UCC 1 form Georgia format is used based on the specific requirements of the transaction and the state's regulations.
