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.
Killeen Texas UCC3 Financing Statement Amendment Addendum is a legal document used to modify or supplement a previously filed UCC3 financing statement in the state of Texas specifically in Killeen. UCC3 refers to the Uniform Commercial Code, a set of laws that govern commercial transactions. This amendment addendum is necessary when there are changes or updates in the previously filed financing statement, such as debtor information, collateral description, or any other relevant details. It allows the secured party to provide additional information or correct any errors that may have occurred in the original filing. The purpose of filing a UCC3 Financing Statement Amendment Addendum is to ensure that all interested parties are aware of the current status of the secured party's lien or interest in the collateral. It helps to maintain accuracy and transparency in commercial transactions and provides protection to both the secured party and other potential creditors. There are different types of Killeen Texas UCC3 Financing Statement Amendment Addendum, depending on the specific changes being made to the original financing statement. Some common types include: 1. Debtor Information Amendment: This addendum is used when there are changes in the debtor's name, address, or other identifying information. It updates the financing statement to reflect the accurate details of the debtor. 2. Collateral Description Amendment: When there are modifications to the description of the collateral listed in the original financing statement, this addendum is filed. It ensures that the information about the collateral is up to date and accurately reflects the secured party's interest. 3. Secured Party Information Amendment: If there are changes to the secured party's information, such as name, address, or other contact details, this addendum is used to update the financing statement accordingly. 4. Termination Amendment: When the secured party wants to release their interest in the collateral or terminate the financing statement, this addendum is filed to reflect the termination and remove any liens or claims on the collateral. It is important to file the correct type of Killeen Texas UCC3 Financing Statement Amendment Addendum to ensure that all changes or updates are accurately reflected in the financing statement. Failure to do so may result in disputes or complications in future transactions.Killeen Texas UCC3 Financing Statement Amendment Addendum is a legal document used to modify or supplement a previously filed UCC3 financing statement in the state of Texas specifically in Killeen. UCC3 refers to the Uniform Commercial Code, a set of laws that govern commercial transactions. This amendment addendum is necessary when there are changes or updates in the previously filed financing statement, such as debtor information, collateral description, or any other relevant details. It allows the secured party to provide additional information or correct any errors that may have occurred in the original filing. The purpose of filing a UCC3 Financing Statement Amendment Addendum is to ensure that all interested parties are aware of the current status of the secured party's lien or interest in the collateral. It helps to maintain accuracy and transparency in commercial transactions and provides protection to both the secured party and other potential creditors. There are different types of Killeen Texas UCC3 Financing Statement Amendment Addendum, depending on the specific changes being made to the original financing statement. Some common types include: 1. Debtor Information Amendment: This addendum is used when there are changes in the debtor's name, address, or other identifying information. It updates the financing statement to reflect the accurate details of the debtor. 2. Collateral Description Amendment: When there are modifications to the description of the collateral listed in the original financing statement, this addendum is filed. It ensures that the information about the collateral is up to date and accurately reflects the secured party's interest. 3. Secured Party Information Amendment: If there are changes to the secured party's information, such as name, address, or other contact details, this addendum is used to update the financing statement accordingly. 4. Termination Amendment: When the secured party wants to release their interest in the collateral or terminate the financing statement, this addendum is filed to reflect the termination and remove any liens or claims on the collateral. It is important to file the correct type of Killeen Texas UCC3 Financing Statement Amendment Addendum to ensure that all changes or updates are accurately reflected in the financing statement. Failure to do so may result in disputes or complications in future transactions.