Certificate of Satisfaction of Discharge of Grain Producers Lien form for use for reporting with Oregon filing office.
Oregon UCC GL-2 Certificate of Satisfaction of Discharge of Grain Producers Lien
Category:
State:
Oregon
Control #:
OR-UCC-GL-2
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Word;
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Description
How to fill out Oregon UCC GL-2 Certificate Of Satisfaction Of Discharge Of Grain Producers Lien?
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FAQ
A UCC-Uniform Commercial Code-1 statement is a legal notice filed by creditors as a way to publicly declare their rights to potentially obtain the personal properties of debtors who default on business loans they extend.
Why file a UCC-3 form? The UCC-3 is the Swiss-Army-Knife of forms. Unlike a UCC 1, a UCC 3 can be used for multiple purposes. The actions one can take are Amendment, Assignment, Continuation, and Termination.
Searching Secretary of State Records Online. Locate the correct secretary of state's website. UCC financing statement forms must be filed in the state where the borrower is located. Most states have online directories of UCC filings available on the secretary of state's website.
A UCC filing ensures you are a secured creditor and therefore in the best possible position to get paid. In addition, a Purchase Money Security Interest filing provides the priority right of repossession of your inventory or equipment at default or bankruptcy. You define default in your security agreement.
The price to file a UCC-1 varies in each jurisdiction. Generally, the fee will range from between $10 to $25 per filing. Some states and counties will charge an additional fee for each debtor that is listed on a form.