Rhode Island UCC Financing Statement (RI UCC-1) is a document used to secure a debtor's interest in personal property as collateral for a loan. It is filed with the Rhode Island Secretary of State's office and serves as public notice of the secured creditor's interest in the collateral. There are two types of Rhode Island UCC Financing Statements: a standard UCC-1 and a continuation statement (UCC-3). The UCC-1 is used to establish an initial filing of a creditor's security interest in the collateral. The UCC-3 is used to continue a prior filing or to amend or terminate the security interest. Both documents must be properly completed and signed by the debtor and the secured party to be accepted by the Secretary of State.
Rhode Island UCC Financing Statement
Category:
State:
Rhode Island
Control #:
RI-SKU-0216
Format:
PDF
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Description
UCC Financing Statement
Rhode Island UCC Financing Statement (RI UCC-1) is a document used to secure a debtor's interest in personal property as collateral for a loan. It is filed with the Rhode Island Secretary of State's office and serves as public notice of the secured creditor's interest in the collateral. There are two types of Rhode Island UCC Financing Statements: a standard UCC-1 and a continuation statement (UCC-3). The UCC-1 is used to establish an initial filing of a creditor's security interest in the collateral. The UCC-3 is used to continue a prior filing or to amend or terminate the security interest. Both documents must be properly completed and signed by the debtor and the secured party to be accepted by the Secretary of State.
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