Nassau New York UCC3 Financing Statement Amendment

• Category: New York Secretary of State - Uniform Commercial Code
• State: New York
• County: Nassau
• Control #: NY-UCC3
• Format: Word; PDF; Rich Text

Description

UCC3 - Financing Statement Amendment - New York - For use after July 1, 2001. This amendment is to be filed in the real estate records. This Financing Statement complies with all applicable state statutes. Nassau New York UCC3 Financing Statement Amendment is a legal filing that allows individuals and businesses to modify or update their previously filed UCC3 Financing Statement in Nassau County, New York. This amendment is necessary when there are changes in the information provided in the original financing statement, such as collateral details, debtor or secured party information, or any other pertinent data. The Nassau New York UCC3 Financing Statement Amendment serves as a crucial record to protect the rights and interests of both the secured parties and debtors involved in a financial transaction. It ensures that accurate and up-to-date information is reflected in the public records, reducing the risk of confusion and potential disputes. There are various types of Nassau New York UCC3 Financing Statement Amendments depending on the changes being made. Some common types include: 1. Amendment to Add or Terminate Collateral: This type of amendment is filed when there is a need to modify the description of collateral provided in the original financing statement. It may involve adding new collateral, removing existing collateral, or making changes to the collateral description to accurately represent the current assets securing the loan. 2. Amendment to Change Debtor Information: When there are changes in the debtor's name, address, or other identifying details, this type of amendment is filed. It ensures that the correct information is recorded and accessible to interested parties and potential lenders. 3. Amendment to Change Secured Party Information: This amendment is used when there are modifications regarding the secured party or creditor. For instance, if the creditor assigns or transfers their interest to another party, or if there is a change in the secured party's name, address, or contact information, this amendment is filed to reflect the updated information. 4. Amendment to Correct Errors or Omissions: In cases where mistakes or omissions were made in the original financing statement, this type of amendment is filed to rectify the errors. It could involve correcting typographical errors, inaccurate collateral descriptions, wrong names, or missed details. It is important to understand that each type of amendment requires specific information and follows a prescribed filing process. Furthermore, it is crucial for individuals or businesses seeking to file a Nassau New York UCC3 Financing Statement Amendment to consult with legal professionals or refer to official resources provided by the County Clerk's office to ensure compliance with the applicable regulations and requirements.

Nassau New York UCC3 Financing Statement Amendment is a legal filing that allows individuals and businesses to modify or update their previously filed UCC3 Financing Statement in Nassau County, New York. This amendment is necessary when there are changes in the information provided in the original financing statement, such as collateral details, debtor or secured party information, or any other pertinent data. The Nassau New York UCC3 Financing Statement Amendment serves as a crucial record to protect the rights and interests of both the secured parties and debtors involved in a financial transaction. It ensures that accurate and up-to-date information is reflected in the public records, reducing the risk of confusion and potential disputes. There are various types of Nassau New York UCC3 Financing Statement Amendments depending on the changes being made. Some common types include: 1. Amendment to Add or Terminate Collateral: This type of amendment is filed when there is a need to modify the description of collateral provided in the original financing statement. It may involve adding new collateral, removing existing collateral, or making changes to the collateral description to accurately represent the current assets securing the loan. 2. Amendment to Change Debtor Information: When there are changes in the debtor's name, address, or other identifying details, this type of amendment is filed. It ensures that the correct information is recorded and accessible to interested parties and potential lenders. 3. Amendment to Change Secured Party Information: This amendment is used when there are modifications regarding the secured party or creditor. For instance, if the creditor assigns or transfers their interest to another party, or if there is a change in the secured party's name, address, or contact information, this amendment is filed to reflect the updated information. 4. Amendment to Correct Errors or Omissions: In cases where mistakes or omissions were made in the original financing statement, this type of amendment is filed to rectify the errors. It could involve correcting typographical errors, inaccurate collateral descriptions, wrong names, or missed details. It is important to understand that each type of amendment requires specific information and follows a prescribed filing process. Furthermore, it is crucial for individuals or businesses seeking to file a Nassau New York UCC3 Financing Statement Amendment to consult with legal professionals or refer to official resources provided by the County Clerk's office to ensure compliance with the applicable regulations and requirements.