UCC3 - Financing Statement Amendment Addendum - Texas - For use after July 1, 2001. This form is to be used as an addendum to the financing statement amendment. This form is to be filed in the real estate records.
The Houston Texas UCC3 Financing Statement Amendment Addendum is a legal document used in the state of Texas to modify or update an existing UCC3 Financing Statement. UCC3 refers to the third article of the Uniform Commercial Code (UCC), which governs secured transactions involving personal property. Amendments to UCC3 Financing Statements are necessary when changes occur in the information previously provided in the original filing or any subsequent amendments. This addendum serves as an extension or attachment to the original UCC3 Financing Statement, specifying the changes made and providing additional information if required. It acts as a legal notice to interested parties and helps maintain accurate records of secured transactions. The Houston Texas UCC3 Financing Statement Amendment Addendum allows parties involved in a secured transaction to maintain transparency, clarify or correct errors, and protect their interests. The types of Houston Texas UCC3 Financing Statement Amendment Addendum can vary based on the specific changes being made to the original filing. Some common types include: 1. Name Amendment Addendum: This addendum is used to modify the name of the secured party, debtor, or assignee. It may be required when there is a change in legal entity name, individual name, or organizational structure. 2. Collateral Amendment Addendum: This addendum is utilized to modify or update the description of the collateral covered by the original UCC3 Financing Statement. Changes may include adding new collateral, removing collateral, or altering the description for accuracy. 3. Jurisdiction Amendment Addendum: If the initial UCC3 Financing Statement was filed in another jurisdiction but now needs to be amended in Houston, Texas, this addendum is used to reflect the change in jurisdiction. 4. Termination Amendment Addendum: In cases where the secured party no longer has an interest in the collateral, this amendment addendum is filed to terminate the UCC3 Financing Statement entirely. It is important to consult with legal professionals or the respective authority, such as the Office of the Texas Secretary of State, to determine the specific requirements and forms needed to complete the Houston Texas UCC3 Financing Statement Amendment Addendum accurately.The Houston Texas UCC3 Financing Statement Amendment Addendum is a legal document used in the state of Texas to modify or update an existing UCC3 Financing Statement. UCC3 refers to the third article of the Uniform Commercial Code (UCC), which governs secured transactions involving personal property. Amendments to UCC3 Financing Statements are necessary when changes occur in the information previously provided in the original filing or any subsequent amendments. This addendum serves as an extension or attachment to the original UCC3 Financing Statement, specifying the changes made and providing additional information if required. It acts as a legal notice to interested parties and helps maintain accurate records of secured transactions. The Houston Texas UCC3 Financing Statement Amendment Addendum allows parties involved in a secured transaction to maintain transparency, clarify or correct errors, and protect their interests. The types of Houston Texas UCC3 Financing Statement Amendment Addendum can vary based on the specific changes being made to the original filing. Some common types include: 1. Name Amendment Addendum: This addendum is used to modify the name of the secured party, debtor, or assignee. It may be required when there is a change in legal entity name, individual name, or organizational structure. 2. Collateral Amendment Addendum: This addendum is utilized to modify or update the description of the collateral covered by the original UCC3 Financing Statement. Changes may include adding new collateral, removing collateral, or altering the description for accuracy. 3. Jurisdiction Amendment Addendum: If the initial UCC3 Financing Statement was filed in another jurisdiction but now needs to be amended in Houston, Texas, this addendum is used to reflect the change in jurisdiction. 4. Termination Amendment Addendum: In cases where the secured party no longer has an interest in the collateral, this amendment addendum is filed to terminate the UCC3 Financing Statement entirely. It is important to consult with legal professionals or the respective authority, such as the Office of the Texas Secretary of State, to determine the specific requirements and forms needed to complete the Houston Texas UCC3 Financing Statement Amendment Addendum accurately.
