A Rhode Island UCC Financing Statement Additional Party (also known as an Additional Debtor) is an individual or entity that is listed on a Rhode Island UCC Financing Statement as a debtor or debtor representative, in addition to the original debtor who is the primary debtor. This additional party is subject to the UCC lien created by the original debtor, and is legally liable for any debts or obligations associated with the financing statement. Examples of additional parties include guarantors, sureties, and co-signers. There are two types of Rhode Island UCC Financing Statement Additional Party: 1) a natural person, such as an individual or a sole proprietorship; and 2) an organization, such as a corporation, limited liability company, or partnership.
Rhode Island UCC Financing Statement Additional Party
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How to fill out Rhode Island UCC Financing Statement Additional Party?
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