Ann Arbor Michigan UCC3 Financing Statement Amendment Addendum

• Category: Michigan Secretary of State - Uniform Commercial Code
• State: Michigan
• City: Ann Arbor
• Control #: MI-UCC3-A
• Format: PDF

Description

UCC3 - Financing Statement Amendment Addendum - Michigan - 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 Ann Arbor Michigan UCC3 Financing Statement Amendment Addendum is a legal document used to modify or update a previously filed UCC3 financing statement in accordance with the Uniform Commercial Code (UCC). It is necessary to ensure that all relevant information related to security interests, liens, and collateral remains accurate and up-to-date. When filing a UCC3 financing statement amendment addendum in Ann Arbor, Michigan, it is crucial to include specific keywords to ensure its relevance and effectiveness. These keywords may include "UCC3 financing statement," "Amendment Addendum," "Ann Arbor Michigan UCC filings," "security interests," "collateral," and "liens." By incorporating these keywords, the description becomes more focused and informative. It is important to note that the Ann Arbor Michigan UCC3 Financing Statement Amendment Addendum may come in various types, depending on the purpose of the amendment. These types could include: 1. Correction Addendum: This type of addendum is used to rectify any mistakes, errors, or omissions made in the original UCC3 financing statement. It ensures that accurate information is recorded to avoid any complications regarding the secured party, debtor, or collateral details. 2. Termination Addendum: When a secured party no longer holds any interest in the collateral, a termination addendum is filed to remove the security interest from the public records. This addendum ensures transparency and informs interested parties that the collateral is no longer encumbered. 3. Amendment of Collateral Description Addendum: If changes occur in the collateral's nature, quantity, or any other aspect, this addendum is used to update the UCC3 financing statement. It ensures that potential creditors or interested parties possess accurate information about the collateral in question. 4. Amendment of Secured Party Information Addendum: In case of a change in the secured party's details, such as name or address, this addendum is filed to update the UCC3 financing statement. It ensures that interested parties can correctly identify and contact the current secured party. These different types of Ann Arbor Michigan UCC3 Financing Statement Amendment Addenda cater to various scenarios pertaining to corrections, termination, collateral changes, and modification of secured party information. Understanding these distinctions and utilizing the appropriate type of addendum is crucial to maintaining accurate and reliable UCC filings in Ann Arbor, Michigan.

The Ann Arbor Michigan UCC3 Financing Statement Amendment Addendum is a legal document used to modify or update a previously filed UCC3 financing statement in accordance with the Uniform Commercial Code (UCC). It is necessary to ensure that all relevant information related to security interests, liens, and collateral remains accurate and up-to-date. When filing a UCC3 financing statement amendment addendum in Ann Arbor, Michigan, it is crucial to include specific keywords to ensure its relevance and effectiveness. These keywords may include "UCC3 financing statement," "Amendment Addendum," "Ann Arbor Michigan UCC filings," "security interests," "collateral," and "liens." By incorporating these keywords, the description becomes more focused and informative. It is important to note that the Ann Arbor Michigan UCC3 Financing Statement Amendment Addendum may come in various types, depending on the purpose of the amendment. These types could include: 1. Correction Addendum: This type of addendum is used to rectify any mistakes, errors, or omissions made in the original UCC3 financing statement. It ensures that accurate information is recorded to avoid any complications regarding the secured party, debtor, or collateral details. 2. Termination Addendum: When a secured party no longer holds any interest in the collateral, a termination addendum is filed to remove the security interest from the public records. This addendum ensures transparency and informs interested parties that the collateral is no longer encumbered. 3. Amendment of Collateral Description Addendum: If changes occur in the collateral's nature, quantity, or any other aspect, this addendum is used to update the UCC3 financing statement. It ensures that potential creditors or interested parties possess accurate information about the collateral in question. 4. Amendment of Secured Party Information Addendum: In case of a change in the secured party's details, such as name or address, this addendum is filed to update the UCC3 financing statement. It ensures that interested parties can correctly identify and contact the current secured party. These different types of Ann Arbor Michigan UCC3 Financing Statement Amendment Addenda cater to various scenarios pertaining to corrections, termination, collateral changes, and modification of secured party information. Understanding these distinctions and utilizing the appropriate type of addendum is crucial to maintaining accurate and reliable UCC filings in Ann Arbor, Michigan.