Minneapolis Minnesota UCC3 Financing Statement Amendment Addendum

• Category: Minnesota Contracts - Uniform Commercial Code
• State: Minnesota
• City: Minneapolis
• Control #: MN-UCC3-A
• Format: PDF

Description

UCC3 - Financing Statement Amendment Addendum - Minnesota - 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 Minneapolis Minnesota UCC3 Financing Statement Amendment Addendum refers to a legal document that relates to the amendment of a UCC3 Financing Statement in the state of Minneapolis, Minnesota. UCC3 stands for Uniform Commercial Code, which governs commercial transactions within the United States. This amendment addendum serves as a supplement to the original UCC3 Financing Statement, allowing for changes, corrections, or updates to be made to the initial filing. It ensures the accuracy and completeness of the information provided in the financing statement. Some relevant keywords associated with the Minneapolis Minnesota UCC3 Financing Statement Amendment Addendum include: 1. UCC3 Financing Statement: The original document filed to establish a security interest in personal property. It provides public notice of a creditor's stake in an asset held by a debtor. 2. Amendment: Refers to modifying or revising the content of the UCC3 Financing Statement. This may involve correcting errors, changing collateral details, or updating creditor information. An amendment helps to maintain the accuracy of the filing. 3. Addendum: An additional document that supplements or extends the information contained in the original UCC3 Financing Statement. The addendum is often used when there is a need to add new details that couldn't be included in the initial filing. 4. Minneapolis, Minnesota: Indicates the specific jurisdiction where the UCC3 Financing Statement Amendment Addendum is being filed. Minneapolis is the largest city in Minnesota and serves as the county seat of Hennepin County. Different types of UCC3 Financing Statement Amendment Addendums may include: 1. Correction Addendum: Used to rectify errors or inaccuracies made during the initial filing of the UCC3 Financing Statement. This could involve correcting typos, misspelled names, or wrong collateral descriptions. 2. Collateral Change Addendum: This addendum is utilized when there is a need to modify or update the collateral information within the original UCC3 Financing Statement. For example, if there is a change in the assets or property being used as collateral or if additional collateral is being added. 3. Debtor Information Update Addendum: When there are changes in the debtor's information such as name, address, or other identifying data, this addendum is filed to ensure the accuracy of the UCC3 Financing Statement. 4. Termination Addendum: Used to cancel or terminate the UCC3 Financing Statement, indicating that the security interest has been released or satisfied. This is typically done when a debt has been paid off or the agreement between the creditor and debtor has concluded. It is important to consult with legal professionals or the appropriate authorities for accurate and up-to-date information regarding the Minneapolis Minnesota UCC3 Financing Statement Amendment Addendum and its various types.

The Minneapolis Minnesota UCC3 Financing Statement Amendment Addendum refers to a legal document that relates to the amendment of a UCC3 Financing Statement in the state of Minneapolis, Minnesota. UCC3 stands for Uniform Commercial Code, which governs commercial transactions within the United States. This amendment addendum serves as a supplement to the original UCC3 Financing Statement, allowing for changes, corrections, or updates to be made to the initial filing. It ensures the accuracy and completeness of the information provided in the financing statement. Some relevant keywords associated with the Minneapolis Minnesota UCC3 Financing Statement Amendment Addendum include: 1. UCC3 Financing Statement: The original document filed to establish a security interest in personal property. It provides public notice of a creditor's stake in an asset held by a debtor. 2. Amendment: Refers to modifying or revising the content of the UCC3 Financing Statement. This may involve correcting errors, changing collateral details, or updating creditor information. An amendment helps to maintain the accuracy of the filing. 3. Addendum: An additional document that supplements or extends the information contained in the original UCC3 Financing Statement. The addendum is often used when there is a need to add new details that couldn't be included in the initial filing. 4. Minneapolis, Minnesota: Indicates the specific jurisdiction where the UCC3 Financing Statement Amendment Addendum is being filed. Minneapolis is the largest city in Minnesota and serves as the county seat of Hennepin County. Different types of UCC3 Financing Statement Amendment Addendums may include: 1. Correction Addendum: Used to rectify errors or inaccuracies made during the initial filing of the UCC3 Financing Statement. This could involve correcting typos, misspelled names, or wrong collateral descriptions. 2. Collateral Change Addendum: This addendum is utilized when there is a need to modify or update the collateral information within the original UCC3 Financing Statement. For example, if there is a change in the assets or property being used as collateral or if additional collateral is being added. 3. Debtor Information Update Addendum: When there are changes in the debtor's information such as name, address, or other identifying data, this addendum is filed to ensure the accuracy of the UCC3 Financing Statement. 4. Termination Addendum: Used to cancel or terminate the UCC3 Financing Statement, indicating that the security interest has been released or satisfied. This is typically done when a debt has been paid off or the agreement between the creditor and debtor has concluded. It is important to consult with legal professionals or the appropriate authorities for accurate and up-to-date information regarding the Minneapolis Minnesota UCC3 Financing Statement Amendment Addendum and its various types.