UCC1 - Financing Statement Addendum - Ohio - For use after July 1, 2001. This form permits you to add an additional debtor if necessary to cover collateral as specified in the statement.
The Columbus Ohio UCC1 Financing Statement Addendum is a document that serves as an attachment or additional information to the UCC1 Financing Statement in Columbus, Ohio. UCC1 refers to the Uniform Commercial Code, a set of laws governing transactions involving personal property and security interests. The purpose of the UCC1 Financing Statement Addendum is to provide necessary details that may not fit within the limited space of the original UCC1 form. This addendum is used to amplify or clarify information related to the secured party, debtor, collateral, or other essential aspects of the financing statement. There are different types of UCC1 Financing Statement Addendums that can be filed in Columbus, Ohio, depending on the specific requirements of the transaction or situation. Some common types may include: 1. Debtor Information Addendum: This addendum is used when additional debtor information needs to be included, such as multiple debtors or changes in debtor details. It ensures that all relevant parties are properly identified and acknowledged. 2. Collateral Description Addendum: When a detailed description of the collateral cannot be accommodated in the original UCC1 Financing Statement, a collateral description addendum can be used. This addendum provides an extensive and precise description of the collateral, ensuring accuracy and legal compliance. 3. Secured Party Information Addendum: In cases where there are multiple secured parties or changes in secured party information, a secured party information addendum is filed. This addendum is used to add or modify the information related to the secured parties involved in the transaction. 4. Amendment Addendum: An amendment addendum is used when modifications or updates need to be made to the original UCC1 Financing Statement. It serves as a record of changes made, providing transparency and ensuring legal compliance. When preparing a UCC1 Financing Statement Addendum in Columbus, Ohio, it is crucial to provide all relevant details accurately. This includes precise identification of the debtor and secured party, as well as a clear and comprehensive description of the collateral. Filing an addendum ensures that any necessary clarifications or additional information can be included, minimizing the risk of misunderstandings or disputes.The Columbus Ohio UCC1 Financing Statement Addendum is a document that serves as an attachment or additional information to the UCC1 Financing Statement in Columbus, Ohio. UCC1 refers to the Uniform Commercial Code, a set of laws governing transactions involving personal property and security interests. The purpose of the UCC1 Financing Statement Addendum is to provide necessary details that may not fit within the limited space of the original UCC1 form. This addendum is used to amplify or clarify information related to the secured party, debtor, collateral, or other essential aspects of the financing statement. There are different types of UCC1 Financing Statement Addendums that can be filed in Columbus, Ohio, depending on the specific requirements of the transaction or situation. Some common types may include: 1. Debtor Information Addendum: This addendum is used when additional debtor information needs to be included, such as multiple debtors or changes in debtor details. It ensures that all relevant parties are properly identified and acknowledged. 2. Collateral Description Addendum: When a detailed description of the collateral cannot be accommodated in the original UCC1 Financing Statement, a collateral description addendum can be used. This addendum provides an extensive and precise description of the collateral, ensuring accuracy and legal compliance. 3. Secured Party Information Addendum: In cases where there are multiple secured parties or changes in secured party information, a secured party information addendum is filed. This addendum is used to add or modify the information related to the secured parties involved in the transaction. 4. Amendment Addendum: An amendment addendum is used when modifications or updates need to be made to the original UCC1 Financing Statement. It serves as a record of changes made, providing transparency and ensuring legal compliance. When preparing a UCC1 Financing Statement Addendum in Columbus, Ohio, it is crucial to provide all relevant details accurately. This includes precise identification of the debtor and secured party, as well as a clear and comprehensive description of the collateral. Filing an addendum ensures that any necessary clarifications or additional information can be included, minimizing the risk of misunderstandings or disputes.
