What does UCC on title mean?

"UCC" means the Uniform Commercial Code as adopted in this state.

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Chattel Mortgage on Mobile Home

Chattel Form Paper With Code In Michigan

Category:

Loans and Lending - Chattel Mortgages

State:

Multi-State

Control #:

US-0007BG

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A chattel mortgage is a term used to describe a loan arrangement in which an item of movable personal property is used as security for the loan.

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AN ACT to enact the uniform commercial code, relating to certain commercial transactions in or regarding personal property and contracts and other documents concerning them, including sales, commercial paper, bank deposits and collections, letters of credit, bulk transfers, warehouse receipts, bills of lading, other ...

“UCC” stands for Uniform Commercial Code. The Uniform Commercial Code is a uniform law that governs commercial transactions, including sales of goods, secured transactions and negotiable instruments. The Uniform Commercial Code is a comprehensive set of statutes created to provide consistency among the states.

The Uniform Commercial Code (UCC) contains rules applying to many types of commercial contracts, including those related to: the sale of goods. the lease of goods. the use of negotiable instruments. banking transactions. letters of credit. documents of title for goods. investment securities, and. secured transactions.

"UCC" means the Uniform Commercial Code as adopted in this state.

In addition to filing with the state, the UCC is filed with the County office that holds the county real estate records for the property. Filings for ownership entities are made in the state where the entity is registered. Filings for individuals are made in the state in which the individual resides.

Created by the National Conference of Commissioners on Uniform State Laws (NCCUSL) and the American Law Institute (ALI), the primary purpose of the UCC is to make business activities consistent and therefore efficient, across all U.S. states.

Chattel paper is an asset type over which an entity can grant a security interest under Article 9 of the UCC. For more information on security interests in chattel paper, see Practice Note, UCC Creation, Perfection, and Priority of Security Interests.

A subpoena must: (1) be entitled in the name of the People of the State of Michigan; (2) be imprinted with the seal of the Supreme Court of Michigan; (3) have typed or printed on it the name of the court in which the matter is pending; (4) state the place where the trial or hearing is scheduled; (5) state the title of ...

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Be sure it is completely legible. Read and follow all Instructions, especially Instruction 1; use of the correct name for the Debtor is crucial.440.9601 Rights after default; judicial enforcement; consignor or buyer of accounts, chattel paper, payment intangibles, or promissory notes. The subjects of ad valorem taxation for city purposes shall be the same as for state, county, and school purposes under the general law. Special Attention of: Transmittal: Handbook 4000.1. All FHA-Approved Mortgagees. Prerequisite(s): Students who have taken either Sales and Leases or Secured Transactions may not enroll in the course. Top. Ship-To Street Address (if different from billing address):.

Chattel Form Paper With Code In Michigan

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