Financing Statement Amendment Additional Party form for adding additional Debtors or Secured Parties to Financing Statement Amendment (Form UCC3) filed with the Missouri filing office.
Lee's Summit Missouri UCC3 Financing Statement Amendment Additional Party is a legal document used to make amendments to a UCC3 Financing Statement by adding a party in Lee's Summit, Missouri. A UCC3 Financing Statement is a vital document for securing and protecting a creditor's interest in personal property collateral. In Lee's Summit, Missouri, there are various types of UCC3 Financing Statement Amendment Additional Party, including: 1. Individual Additional Party: This type of amendment is used when an individual, such as a co-borrower or guarantor, needs to be added as an additional party to the financing statement. 2. Business Additional Party: When a business entity, such as a partnership, corporation, or limited liability company, is involved in the financing arrangement and needs to be included as an additional party, a business UCC3 Financing Statement Amendment is filed. 3. Secured Party Additional Party: This type of amendment is used when a new secured party, such as a financial institution or lender, needs to be added to the existing UCC3 Financing Statement. The process of filing a Lee's Summit Missouri UCC3 Financing Statement Amendment Additional Party involves several steps. Firstly, the amendment form must be completed accurately, providing details of the original financing statement, the collateral involved, and the new additional party's information. The next step is to submit the amendment form to the appropriate filing office, such as the Missouri Secretary of State's office or the local County Recorder's office. It is crucial to include any required filing fees and adhere to the specific guidelines of the filing office. Once the amendment is filed and processed, the UCC3 Financing Statement will reflect the inclusion of the additional party, securing their rights and interests in the collateral. This amendment ensures that all parties involved are properly documented and protected under Missouri's Uniform Commercial Code. In conclusion, the Lee's Summit Missouri UCC3 Financing Statement Amendment Additional Party is an essential legal document used to modify a UCC3 Financing Statement by including an additional party. It is important to correctly complete the amendment form and file it with the appropriate office to ensure all parties' interests are properly secured.
