UCC1 - Financing Statement Addendum - Oregon - 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 Portland Oregon UCC1 Financing Statement Addendum is an essential document used in commercial transactions to provide additional information to supplement the UCC1 Financing Statement. This addendum is specifically tailored to comply with the laws and regulations of the state of Oregon, ensuring a seamless financial transaction process. It includes pertinent details that further describe the collateral involved in the transaction, adding clarity and protecting the interests of both parties involved. Keywords: Portland Oregon, UCC1 Financing Statement Addendum, commercial transactions, UCC1 Financing Statement, additional information, Oregon laws and regulations, financial transaction process, collateral, clarity, protect interests. There are two main types of UCC1 Financing Statement Addendum commonly used in Portland, Oregon: 1. General UCC1 Financing Statement Addendum: This type of addendum is used to provide general supplementary information about the collateral, such as a detailed description, serial numbers, or any other necessary details related to the assets involved in the transaction. 2. Specific UCC1 Financing Statement Addendum: This addendum is used when there is a need to provide specific additional information that goes beyond what can be included in a general addendum. It allows for the inclusion of complex details about the collateral, such as intellectual property rights, multiple parties' interests, or any unique aspects of the transaction. Both types of addendums serve the purpose of ensuring transparency, legal compliance, and the proper recording of the transaction. They contribute to the smooth flow of commercial activities in Portland, Oregon, and protect the rights of all parties involved. Keywords: General UCC1 Financing Statement Addendum, specific UCC1 Financing Statement Addendum, collateral description, serial numbers, supplementary information, assets, intellectual property rights, multiple parties' interests, legal compliance, transaction recording, commercial activities, rights protection.
The Portland Oregon UCC1 Financing Statement Addendum is an essential document used in commercial transactions to provide additional information to supplement the UCC1 Financing Statement. This addendum is specifically tailored to comply with the laws and regulations of the state of Oregon, ensuring a seamless financial transaction process. It includes pertinent details that further describe the collateral involved in the transaction, adding clarity and protecting the interests of both parties involved. Keywords: Portland Oregon, UCC1 Financing Statement Addendum, commercial transactions, UCC1 Financing Statement, additional information, Oregon laws and regulations, financial transaction process, collateral, clarity, protect interests. There are two main types of UCC1 Financing Statement Addendum commonly used in Portland, Oregon: 1. General UCC1 Financing Statement Addendum: This type of addendum is used to provide general supplementary information about the collateral, such as a detailed description, serial numbers, or any other necessary details related to the assets involved in the transaction. 2. Specific UCC1 Financing Statement Addendum: This addendum is used when there is a need to provide specific additional information that goes beyond what can be included in a general addendum. It allows for the inclusion of complex details about the collateral, such as intellectual property rights, multiple parties' interests, or any unique aspects of the transaction. Both types of addendums serve the purpose of ensuring transparency, legal compliance, and the proper recording of the transaction. They contribute to the smooth flow of commercial activities in Portland, Oregon, and protect the rights of all parties involved. Keywords: General UCC1 Financing Statement Addendum, specific UCC1 Financing Statement Addendum, collateral description, serial numbers, supplementary information, assets, intellectual property rights, multiple parties' interests, legal compliance, transaction recording, commercial activities, rights protection.