Allegheny Pennsylvania UCC3 Financing Statement Amendment

• Category: Pennsylvania Contracts - Uniform Commercial Code
• State: Pennsylvania
• County: Allegheny
• Control #: PA-UCC3
• Format: PDF

Description

UCC3 - Financing Statement Amendment - Pennsylvania - 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. Allegheny Pennsylvania UCC3 Financing Statement Amendment is a legal document that allows individuals or businesses in Allegheny County, Pennsylvania to modify or update their existing UCC3 Financing Statement. This amendment is filed with the Pennsylvania Secretary of State's office to reflect changes that have occurred since the initial filing. There are different types of Allegheny Pennsylvania UCC3 Financing Statement Amendments available, each catering to specific needs: 1. Termination Amendment: This type of amendment is used when a debtor's obligation has been fully satisfied or the secured party no longer has an interest in the collateral. It officially terminates the UCC3 Financing Statement, removing it from public record. 2. Continuation Amendment: In case the UCC3 Financing Statement is due to expire, a continuation amendment can be filed to extend the original filing. This ensures that the secured party retains their priority on the collateral by keeping the financing statement active for an additional period. 3. Amendment regarding Collateral Description: If the description of the collateral provided in the original UCC3 Financing Statement needs to be revised or clarified, an amendment can be filed to reflect the changes accurately. This helps eliminate any confusion or potential disputes related to the collateral. 4. Amendment to Add or Remove Secured Party: When there is a change in the secured party, either due to a transfer or release of interest, an amendment is necessary to update the Allegheny Pennsylvania UCC3 Financing Statement accordingly. It adds a new secured party or removes the existing one, ensuring accurate records of the involved parties. 5. Amendment for Name Change: In the event of a debtor's or secured party's name change, an amendment is filed to update the UCC3 Financing Statement with the new legal name. This ensures that the filing remains accurate and up-to-date. It is essential to file the appropriate Allegheny Pennsylvania UCC3 Financing Statement Amendment to reflect changes accurately and maintain the integrity of the UCC filing system. Properly completed amendments provide clarity and help avoid any confusion or disputes related to the collateral or parties involved in the financing statement.

Allegheny Pennsylvania UCC3 Financing Statement Amendment is a legal document that allows individuals or businesses in Allegheny County, Pennsylvania to modify or update their existing UCC3 Financing Statement. This amendment is filed with the Pennsylvania Secretary of State's office to reflect changes that have occurred since the initial filing. There are different types of Allegheny Pennsylvania UCC3 Financing Statement Amendments available, each catering to specific needs: 1. Termination Amendment: This type of amendment is used when a debtor's obligation has been fully satisfied or the secured party no longer has an interest in the collateral. It officially terminates the UCC3 Financing Statement, removing it from public record. 2. Continuation Amendment: In case the UCC3 Financing Statement is due to expire, a continuation amendment can be filed to extend the original filing. This ensures that the secured party retains their priority on the collateral by keeping the financing statement active for an additional period. 3. Amendment regarding Collateral Description: If the description of the collateral provided in the original UCC3 Financing Statement needs to be revised or clarified, an amendment can be filed to reflect the changes accurately. This helps eliminate any confusion or potential disputes related to the collateral. 4. Amendment to Add or Remove Secured Party: When there is a change in the secured party, either due to a transfer or release of interest, an amendment is necessary to update the Allegheny Pennsylvania UCC3 Financing Statement accordingly. It adds a new secured party or removes the existing one, ensuring accurate records of the involved parties. 5. Amendment for Name Change: In the event of a debtor's or secured party's name change, an amendment is filed to update the UCC3 Financing Statement with the new legal name. This ensures that the filing remains accurate and up-to-date. It is essential to file the appropriate Allegheny Pennsylvania UCC3 Financing Statement Amendment to reflect changes accurately and maintain the integrity of the UCC filing system. Properly completed amendments provide clarity and help avoid any confusion or disputes related to the collateral or parties involved in the financing statement.