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 Saint Paul Minnesota UCC3 Financing Statement Amendment Addendum is a legal document that pertains to the modification or revision of a UCC3 Financing Statement in the state of Minnesota, specifically in Saint Paul. This addendum allows for the alteration of certain information that was previously filed with the Secretary of State's office concerning a secured party's security interest in personal property. The goal of the Saint Paul Minnesota UCC3 Financing Statement Amendment Addendum is to provide an efficient and standardized process for making updates or corrections to the original financing statement. It ensures that accurate and up-to-date information regarding the security interest is maintained, protecting the rights and interests of the secured party and any potential third parties involved. The UCC3 Financing Statement Amendment Addendum may be necessary in various situations, such as when there are changes in the parties involved (i.e., the secured party, debtor, or assignee), amendments to the collateral description, correction of errors in the original filing, or clarification of terms and conditions. There are different types of UCC3 Financing Statement Amendment Addendum related to specific adjustments made to the original financing statement. These may include: 1. Change of Secured Party: When the secured party's information needs to be updated, such as a change in name, address, or contact details. 2. Change of Debtor: This type of addendum is used when there is a change in the debtor's name, address, or other identifying information. 3. Collateral Description Amendment: When there is a need to modify or clarify the description of the collateral covered by the financing statement. 4. Assignment or Termination: In cases where the secured party intends to assign or terminate their security interest, an addendum must be filed accordingly. It is important to note that the specific requirements and procedures for filing the Saint Paul Minnesota UCC3 Financing Statement Amendment Addendum may vary. It is advisable to consult with legal professionals or the Secretary of State's office to ensure compliance with all regulations and to accurately complete the necessary forms.
The Saint Paul Minnesota UCC3 Financing Statement Amendment Addendum is a legal document that pertains to the modification or revision of a UCC3 Financing Statement in the state of Minnesota, specifically in Saint Paul. This addendum allows for the alteration of certain information that was previously filed with the Secretary of State's office concerning a secured party's security interest in personal property. The goal of the Saint Paul Minnesota UCC3 Financing Statement Amendment Addendum is to provide an efficient and standardized process for making updates or corrections to the original financing statement. It ensures that accurate and up-to-date information regarding the security interest is maintained, protecting the rights and interests of the secured party and any potential third parties involved. The UCC3 Financing Statement Amendment Addendum may be necessary in various situations, such as when there are changes in the parties involved (i.e., the secured party, debtor, or assignee), amendments to the collateral description, correction of errors in the original filing, or clarification of terms and conditions. There are different types of UCC3 Financing Statement Amendment Addendum related to specific adjustments made to the original financing statement. These may include: 1. Change of Secured Party: When the secured party's information needs to be updated, such as a change in name, address, or contact details. 2. Change of Debtor: This type of addendum is used when there is a change in the debtor's name, address, or other identifying information. 3. Collateral Description Amendment: When there is a need to modify or clarify the description of the collateral covered by the financing statement. 4. Assignment or Termination: In cases where the secured party intends to assign or terminate their security interest, an addendum must be filed accordingly. It is important to note that the specific requirements and procedures for filing the Saint Paul Minnesota UCC3 Financing Statement Amendment Addendum may vary. It is advisable to consult with legal professionals or the Secretary of State's office to ensure compliance with all regulations and to accurately complete the necessary forms.