UCC1 - Financing Statement Addendum - Texas - 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 Odessa Texas UCC1 Financing Statement Addendum is an additional document that provides further details and information pertaining to a UCC1 Financing Statement filed in Odessa, Texas. UCC1 refers to the Uniform Commercial Code, which is a set of standardized rules governing commercial transactions. This addendum serves as an attachment to the UCC1 Financing Statement and includes supplemental information that may be necessary for a complete and accurate understanding of the transaction. It provides additional clarity and insight into the nature of the secured transaction, the involved parties, and the collateral involved. Some relevant keywords related to the Odessa Texas UCC1 Financing Statement Addendum include: 1. UCC1 Financing Statement: The primary document filed with the Odessa, Texas jurisdiction to establish a security interest in collateral in connection with a loan or credit transaction. 2. Odessa, Texas: The specific jurisdiction where the UCC1 Financing Statement Addendum is filed, specifying the geographical location where the transaction took place. 3. Secured Transaction: A transaction in which a creditor takes a security interest in collateral to secure the repayment of a debt or obligation. 4. Collateral: The property or assets used to secure the loan or credit, ensuring the lender's ability to recover funds in case of default. 5. Supplemental Information: Additional details or explanations provided in the addendum to support the UCC1 Financing Statement, ensuring clarity and accuracy. 6. Party Information: The involved parties, including the debtor and secured party, their names, addresses, and contact information, listed in the addendum. 7. Amendment: Any changes or modifications made to the original UCC1 Financing Statement are documented in the addendum, informing interested parties of updated information. 8. Multiple Addenda: When necessary, multiple addenda can be attached to the UCC1 Financing Statement to address multiple aspects of the transaction, such as amendments, collateral additions, or revisions. While there may not be different types of Odessa Texas UCC1 Financing Statement Addenda, the addendum could vary based on the specific details and characteristics of each secured transaction. It is crucial for the addendum to accurately reflect the information required by the jurisdiction and relevant to the transaction to ensure compliance with the Uniform Commercial Code's rules and regulations.The Odessa Texas UCC1 Financing Statement Addendum is an additional document that provides further details and information pertaining to a UCC1 Financing Statement filed in Odessa, Texas. UCC1 refers to the Uniform Commercial Code, which is a set of standardized rules governing commercial transactions. This addendum serves as an attachment to the UCC1 Financing Statement and includes supplemental information that may be necessary for a complete and accurate understanding of the transaction. It provides additional clarity and insight into the nature of the secured transaction, the involved parties, and the collateral involved. Some relevant keywords related to the Odessa Texas UCC1 Financing Statement Addendum include: 1. UCC1 Financing Statement: The primary document filed with the Odessa, Texas jurisdiction to establish a security interest in collateral in connection with a loan or credit transaction. 2. Odessa, Texas: The specific jurisdiction where the UCC1 Financing Statement Addendum is filed, specifying the geographical location where the transaction took place. 3. Secured Transaction: A transaction in which a creditor takes a security interest in collateral to secure the repayment of a debt or obligation. 4. Collateral: The property or assets used to secure the loan or credit, ensuring the lender's ability to recover funds in case of default. 5. Supplemental Information: Additional details or explanations provided in the addendum to support the UCC1 Financing Statement, ensuring clarity and accuracy. 6. Party Information: The involved parties, including the debtor and secured party, their names, addresses, and contact information, listed in the addendum. 7. Amendment: Any changes or modifications made to the original UCC1 Financing Statement are documented in the addendum, informing interested parties of updated information. 8. Multiple Addenda: When necessary, multiple addenda can be attached to the UCC1 Financing Statement to address multiple aspects of the transaction, such as amendments, collateral additions, or revisions. While there may not be different types of Odessa Texas UCC1 Financing Statement Addenda, the addendum could vary based on the specific details and characteristics of each secured transaction. It is crucial for the addendum to accurately reflect the information required by the jurisdiction and relevant to the transaction to ensure compliance with the Uniform Commercial Code's rules and regulations.
