UCC1 - Financing Statement - Colorado - For use after July 1, 2001. This form is a financing statement used to cover certain collateral as specified in the form. This Financing Statement complies will all applicable state laws.
Colorado Springs Colorado UCC1 Financing Statement refers to a legal document that records information related to a secured transaction involving personal property in Colorado Springs, Colorado. It is filed with the Colorado Secretary of State's Office to establish a creditor's security interest in the property listed in the statement. Keywords: 1. Colorado Springs: Refers to the city in Colorado where the UCC1 Financing Statement is being filed. 2. UCC1 Financing Statement: The standardized form used to document a security interest in personal property, as governed by the Uniform Commercial Code (UCC) in the state of Colorado. 3. Secured transaction: A transaction in which a creditor obtains a security interest in the debtor's personal property to secure repayment of the debt. 4. Personal property: Any movable asset, except real estate, that can be subject to a security interest, such as equipment, inventory, vehicles, or accounts receivable. 5. Colorado Secretary of State's Office: The government department responsible for maintaining official records, including UCC filings, in Colorado. 6. Creditor: A person or entity who is owed a debt and has a security interest in the debtor's property as collateral. 7. Security interest: An interest in property that secures the performance of an obligation, typically a loan or debt. 8. Uniform Commercial Code (UCC): A set of laws that governs commercial transactions, including secured transactions and the filing of UCC Financing Statements. Types of Colorado Springs Colorado UCC1 Financing Statements: 1. General UCC1 Financing Statement: This is the most commonly filed UCC1 Financing Statement, which provides a comprehensive record of a creditor's security interest in all personal property of the debtor. 2. Amended UCC1 Financing Statement: This type of statement is filed to make changes or additions to a previously filed UCC1 Financing Statement. 3. Partial Release UCC1 Financing Statement: Filed when a creditor releases their security interest in a portion of the debtor's personal property, typically when part of the debt is repaid. 4. Termination UCC1 Financing Statement: Filed when a creditor's security interest is fully discharged, typically upon full repayment of the debt. 5. Assignment UCC1 Financing Statement: Filed to record the assignment of a creditor's security interest to another party. 6. Continuation UCC1 Financing Statement: Filed to extend the effectiveness of a UCC1 Financing Statement beyond its expiration date, ensuring the creditor's security interest remains valid. It is important to consult legal professionals or the Colorado Secretary of State's Office for precise information and guidance regarding Colorado Springs Colorado UCC1 Financing Statements.Colorado Springs Colorado UCC1 Financing Statement refers to a legal document that records information related to a secured transaction involving personal property in Colorado Springs, Colorado. It is filed with the Colorado Secretary of State's Office to establish a creditor's security interest in the property listed in the statement. Keywords: 1. Colorado Springs: Refers to the city in Colorado where the UCC1 Financing Statement is being filed. 2. UCC1 Financing Statement: The standardized form used to document a security interest in personal property, as governed by the Uniform Commercial Code (UCC) in the state of Colorado. 3. Secured transaction: A transaction in which a creditor obtains a security interest in the debtor's personal property to secure repayment of the debt. 4. Personal property: Any movable asset, except real estate, that can be subject to a security interest, such as equipment, inventory, vehicles, or accounts receivable. 5. Colorado Secretary of State's Office: The government department responsible for maintaining official records, including UCC filings, in Colorado. 6. Creditor: A person or entity who is owed a debt and has a security interest in the debtor's property as collateral. 7. Security interest: An interest in property that secures the performance of an obligation, typically a loan or debt. 8. Uniform Commercial Code (UCC): A set of laws that governs commercial transactions, including secured transactions and the filing of UCC Financing Statements. Types of Colorado Springs Colorado UCC1 Financing Statements: 1. General UCC1 Financing Statement: This is the most commonly filed UCC1 Financing Statement, which provides a comprehensive record of a creditor's security interest in all personal property of the debtor. 2. Amended UCC1 Financing Statement: This type of statement is filed to make changes or additions to a previously filed UCC1 Financing Statement. 3. Partial Release UCC1 Financing Statement: Filed when a creditor releases their security interest in a portion of the debtor's personal property, typically when part of the debt is repaid. 4. Termination UCC1 Financing Statement: Filed when a creditor's security interest is fully discharged, typically upon full repayment of the debt. 5. Assignment UCC1 Financing Statement: Filed to record the assignment of a creditor's security interest to another party. 6. Continuation UCC1 Financing Statement: Filed to extend the effectiveness of a UCC1 Financing Statement beyond its expiration date, ensuring the creditor's security interest remains valid. It is important to consult legal professionals or the Colorado Secretary of State's Office for precise information and guidance regarding Colorado Springs Colorado UCC1 Financing Statements.
