UCC3 - Financing Statement Amendment Addendum - Arizona - For use after July 1, 2001. This form is to be used as an addendum to the financing statement amendment. This form is to be filed in the real estate records.
The Phoenix Arizona UCC3 Financing Statement Amendment Addendum is a legal document that is used to make changes, corrections, or amendments to the original UCC3 Financing Statement in the state of Arizona. UCC, which stands for Uniform Commercial Code, governs commercial transactions and provides a standardized set of rules and regulations that all states in the United States adhere to. The UCC3 Financing Statement is a document that is filed with the Arizona Secretary of State, typically by creditors, to secure their interest in the personal property of a debtor. It serves as a notice to other parties that the creditor has a legal claim to the assets mentioned in the statement. However, if there is a need to modify any information contained in the original UCC3 statement, the Amendment Addendum is utilized. The Phoenix Arizona UCC3 Financing Statement Amendment Addendum allows for various types of changes to be made to the existing UCC3 statement. These changes may include adding or removing collateral, modifying the debtor's information, correcting errors, extending or terminating the statement's effectiveness, or updating any other pertinent details. There are several types of UCC3 Financing Statement Amendment Addendums that can be filed in Phoenix, Arizona: 1. Amendment Addendum to Add Collateral: This type of addendum is used when a creditor wishes to include additional assets or property that were not initially listed in the original UCC3 statement. 2. Amendment Addendum to Remove Collateral: On the other hand, if a creditor wants to exclude certain assets from the original UCC3 statement, this addendum type is utilized. 3. Amendment Addendum to Correct Errors: In case any errors or mistakes were made in the original UCC3 statement, this addendum is filed to rectify the inaccuracies and provide the correct information. 4. Amendment Addendum to Extend or Terminate the Financing Statement: When a creditor wants to extend the duration of the UCC3 statement or terminate it altogether before its expiration, this addendum is used. It informs all interested parties of the revised duration or termination of the creditor's claim on the collateral. It is crucial to file the appropriate type of Phoenix Arizona UCC3 Financing Statement Amendment Addendum accurately and promptly, as failure to do so may affect the creditor's legal rights and protections. The addendum needs to include all required information, such as the debtor's name, contact details, the collateral being modified, and a clear indication of the desired changes to be made. It is advised to consult with legal professionals or experts to ensure the correct handling and submission of the Phoenix Arizona UCC3 Financing Statement Amendment Addendum, as well as to understand the specific requirements and procedures as per Arizona state law.The Phoenix Arizona UCC3 Financing Statement Amendment Addendum is a legal document that is used to make changes, corrections, or amendments to the original UCC3 Financing Statement in the state of Arizona. UCC, which stands for Uniform Commercial Code, governs commercial transactions and provides a standardized set of rules and regulations that all states in the United States adhere to. The UCC3 Financing Statement is a document that is filed with the Arizona Secretary of State, typically by creditors, to secure their interest in the personal property of a debtor. It serves as a notice to other parties that the creditor has a legal claim to the assets mentioned in the statement. However, if there is a need to modify any information contained in the original UCC3 statement, the Amendment Addendum is utilized. The Phoenix Arizona UCC3 Financing Statement Amendment Addendum allows for various types of changes to be made to the existing UCC3 statement. These changes may include adding or removing collateral, modifying the debtor's information, correcting errors, extending or terminating the statement's effectiveness, or updating any other pertinent details. There are several types of UCC3 Financing Statement Amendment Addendums that can be filed in Phoenix, Arizona: 1. Amendment Addendum to Add Collateral: This type of addendum is used when a creditor wishes to include additional assets or property that were not initially listed in the original UCC3 statement. 2. Amendment Addendum to Remove Collateral: On the other hand, if a creditor wants to exclude certain assets from the original UCC3 statement, this addendum type is utilized. 3. Amendment Addendum to Correct Errors: In case any errors or mistakes were made in the original UCC3 statement, this addendum is filed to rectify the inaccuracies and provide the correct information. 4. Amendment Addendum to Extend or Terminate the Financing Statement: When a creditor wants to extend the duration of the UCC3 statement or terminate it altogether before its expiration, this addendum is used. It informs all interested parties of the revised duration or termination of the creditor's claim on the collateral. It is crucial to file the appropriate type of Phoenix Arizona UCC3 Financing Statement Amendment Addendum accurately and promptly, as failure to do so may affect the creditor's legal rights and protections. The addendum needs to include all required information, such as the debtor's name, contact details, the collateral being modified, and a clear indication of the desired changes to be made. It is advised to consult with legal professionals or experts to ensure the correct handling and submission of the Phoenix Arizona UCC3 Financing Statement Amendment Addendum, as well as to understand the specific requirements and procedures as per Arizona state law.
