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 Travis Texas UCC1 Financing Statement Addendum is a legal document used in Travis County, Texas, to supplement and provide additional details to a UCC1 Financing Statement. This addendum is crucial for lenders, businesses, and individuals involved in secured transactions to ensure proper documentation and to protect their interests. The purpose of the Travis Texas UCC1 Financing Statement Addendum is to include any additional information that is not covered in the original UCC1 Financing Statement. It serves as an extension or attachment to the original statement, providing detailed information that might aid in the perfection of the security interest. The addendum ensures that all relevant parties have the necessary details to assess the validity and priority of competing claims on collateral. Keywords: Travis Texas, UCC1 Financing Statement, Addendum, legal document, Travis County, Texas, UCC1 Financing Statement Addendum, lenders, businesses, individuals, secured transactions, documentation, protect interests, additional information, extension, attachment, original statement, perfection, security interest, relevant parties, validity, priority, competing claims, collateral. Different types of Travis Texas UCC1 Financing Statement Addendum may be tailored to specific circumstances or requirements. Some variations of this addendum could include: 1. Amended UCC1 Financing Statement Addendum: This type of addendum is used when there is a need to modify or amend the original UCC1 Financing Statement. It may include changes in collateral description, debtor's information, creditor's information, or any other relevant details. 2. Termination UCC1 Financing Statement Addendum: When a secured debt is fully repaid or discharged, this addendum is used to terminate the UCC1 Financing Statement. It serves as an official notice that the previously filed statement is no longer valid. 3. Continuation UCC1 Financing Statement Addendum: In cases where the initial UCC1 Financing Statement is about to expire, this addendum is filed to extend the duration of the statement. It ensures the continuation of the security interest and maintains its priority against other creditors. 4. Assignment UCC1 Financing Statement Addendum: When a creditor transfers its security interest to another party, this addendum is used to assign the rights and obligations under the original UCC1 Financing Statement to the new creditor. It specifies the details of the assignment and ensures proper recording. 5. Release UCC1 Financing Statement Addendum: If a secured party wishes to release all or a portion of the collateral from the UCC1 Financing Statement, this addendum is filed to provide an official notice of such release. It serves as evidence that the security interest has been released or satisfied. These are some possible types of Travis Texas UCC1 Financing Statement Addendum that may exist, depending on specific circumstances. It is crucial to consult legal professionals or refer to the relevant authorities for accurate information and guidance.The Travis Texas UCC1 Financing Statement Addendum is a legal document used in Travis County, Texas, to supplement and provide additional details to a UCC1 Financing Statement. This addendum is crucial for lenders, businesses, and individuals involved in secured transactions to ensure proper documentation and to protect their interests. The purpose of the Travis Texas UCC1 Financing Statement Addendum is to include any additional information that is not covered in the original UCC1 Financing Statement. It serves as an extension or attachment to the original statement, providing detailed information that might aid in the perfection of the security interest. The addendum ensures that all relevant parties have the necessary details to assess the validity and priority of competing claims on collateral. Keywords: Travis Texas, UCC1 Financing Statement, Addendum, legal document, Travis County, Texas, UCC1 Financing Statement Addendum, lenders, businesses, individuals, secured transactions, documentation, protect interests, additional information, extension, attachment, original statement, perfection, security interest, relevant parties, validity, priority, competing claims, collateral. Different types of Travis Texas UCC1 Financing Statement Addendum may be tailored to specific circumstances or requirements. Some variations of this addendum could include: 1. Amended UCC1 Financing Statement Addendum: This type of addendum is used when there is a need to modify or amend the original UCC1 Financing Statement. It may include changes in collateral description, debtor's information, creditor's information, or any other relevant details. 2. Termination UCC1 Financing Statement Addendum: When a secured debt is fully repaid or discharged, this addendum is used to terminate the UCC1 Financing Statement. It serves as an official notice that the previously filed statement is no longer valid. 3. Continuation UCC1 Financing Statement Addendum: In cases where the initial UCC1 Financing Statement is about to expire, this addendum is filed to extend the duration of the statement. It ensures the continuation of the security interest and maintains its priority against other creditors. 4. Assignment UCC1 Financing Statement Addendum: When a creditor transfers its security interest to another party, this addendum is used to assign the rights and obligations under the original UCC1 Financing Statement to the new creditor. It specifies the details of the assignment and ensures proper recording. 5. Release UCC1 Financing Statement Addendum: If a secured party wishes to release all or a portion of the collateral from the UCC1 Financing Statement, this addendum is filed to provide an official notice of such release. It serves as evidence that the security interest has been released or satisfied. These are some possible types of Travis Texas UCC1 Financing Statement Addendum that may exist, depending on specific circumstances. It is crucial to consult legal professionals or refer to the relevant authorities for accurate information and guidance.
