UCC1 - Financing Statement - Texas - For use until August 1, 2013. This form is a financing statement used to cover certain collateral as specified in the form. This Financing Statement complies will all applicable state laws.
The Edinburg Texas UCC1 Financing Statement is a legal document used to secure collateral against a loan or transaction between a debtor and a secured party. It is filed with the Texas Secretary of State's Office and provides crucial information about the debtor, secured party, and collateral involved in the transaction. This statement ensures that the secured party has a valid and enforceable security interest in the collateral. Keywords: Edinburg Texas, UCC1 Financing Statement, legal document, collateral, loan, transaction, debtor, secured party, Texas Secretary of State's Office, information, security interest. There are various types of Edinburg Texas UCC1 Financing Statements, including: 1. Individual Debtor Statement: This type of UCC1 Financing Statement is used when an individual debtor uses their own assets as collateral. 2. Organization Debtor Statement: This statement is applicable when the debtor is an organization, such as a corporation or partnership, using its assets as collateral. 3. Fixture Filing: It is a UCC1 Financing Statement used to record a security interest in fixtures (property that is attached to real estate) to protect the rights of the secured party in case of default. 4. Agricultural Lien: This type of UCC1 Financing Statement is specifically designed to secure an agricultural lien against farm products, crops, or livestock as collateral. 5. Transmitting Utility UCC1: This statement is used by electric, gas, and water companies to record their security interest against equipment, accounts, or other property used in the transmission of services. 6. Manufactured Home UCC1: This UCC1 Financing Statement is filed to secure a security interest in a manufactured home as collateral. 7. Public-Finance Transaction UCC1: This statement is used when a government entity is involved in a public-financing transaction and wishes to secure its interest in collateral. 8. Timber to be Cut UCC1: It is a UCC1 Financing Statement for securing a security interest in timber to be cut as collateral. By filing the appropriate type of Edinburg Texas UCC1 Financing Statement, debtors and secured parties can protect their interests, establish priority rights, and ensure a smoother loan or transaction process.The Edinburg Texas UCC1 Financing Statement is a legal document used to secure collateral against a loan or transaction between a debtor and a secured party. It is filed with the Texas Secretary of State's Office and provides crucial information about the debtor, secured party, and collateral involved in the transaction. This statement ensures that the secured party has a valid and enforceable security interest in the collateral. Keywords: Edinburg Texas, UCC1 Financing Statement, legal document, collateral, loan, transaction, debtor, secured party, Texas Secretary of State's Office, information, security interest. There are various types of Edinburg Texas UCC1 Financing Statements, including: 1. Individual Debtor Statement: This type of UCC1 Financing Statement is used when an individual debtor uses their own assets as collateral. 2. Organization Debtor Statement: This statement is applicable when the debtor is an organization, such as a corporation or partnership, using its assets as collateral. 3. Fixture Filing: It is a UCC1 Financing Statement used to record a security interest in fixtures (property that is attached to real estate) to protect the rights of the secured party in case of default. 4. Agricultural Lien: This type of UCC1 Financing Statement is specifically designed to secure an agricultural lien against farm products, crops, or livestock as collateral. 5. Transmitting Utility UCC1: This statement is used by electric, gas, and water companies to record their security interest against equipment, accounts, or other property used in the transmission of services. 6. Manufactured Home UCC1: This UCC1 Financing Statement is filed to secure a security interest in a manufactured home as collateral. 7. Public-Finance Transaction UCC1: This statement is used when a government entity is involved in a public-financing transaction and wishes to secure its interest in collateral. 8. Timber to be Cut UCC1: It is a UCC1 Financing Statement for securing a security interest in timber to be cut as collateral. By filing the appropriate type of Edinburg Texas UCC1 Financing Statement, debtors and secured parties can protect their interests, establish priority rights, and ensure a smoother loan or transaction process.