A Louisiana Financing Statement Addendum is a form used to update or supplement an existing financing statement, which protects a secured party's interest in a debtor's personal property. It must be filed with the Secretary of State of Louisiana in order to update the existing financing statement and keep the secured party's interest in the debtor's personal property secure. There are two types of Louisiana Financing Statement Addendum: a Continuation Addendum and an Amendment Addendum. The Continuation Addendum extends the effectiveness of the existing financing statement for an additional five years, while the Amendment Addendum modifies the existing financing statement. Both types of Addendum must include information such as the debtor's name, the secured party's name, and the date the original financing statement was filed.
Louisiana Financing Statement Addendum
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How to fill out Louisiana Financing Statement Addendum?
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