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 McAllen Texas UCC3 Financing Statement Amendment Addendum is a crucial legal document used to modify and update details on existing UCC3 financing statements in McAllen, Texas. UCC3 refers to Article 9 of the Uniform Commercial Code, a set of laws that governs secured transactions and collateral. By filing an amendment addendum, individuals or businesses can rectify errors, add new information, or remove outdated data from their financing statement. This addendum ensures accuracy and preserves the integrity of the UCC3 financing statement, providing accurate and up-to-date information for potential creditors or interested parties. It safeguards the interests of both debtors and secured parties involved in a secured transaction by reflecting any changes made after the initial filing. There are several types of McAllen Texas UCC3 Financing Statement Amendment Addendum that cater to different needs and circumstances. Some common types include: 1. Name Change Amendment Addendum: This addendum is filed when there is a change in the debtor's legal name, often due to marriage, divorce, or legal entity restructuring. This amendment ensures the financing statement reflects the debtor's updated name accurately. 2. Collateral Modification Addendum: When there is a need to alter the collateral description listed on the initial financing statement, this type of addendum is used. It allows debtors and secured parties to add, remove, or modify collateral details based on changing circumstances. 3. Assignment or Termination Addendum: This type of addendum is filed when there is a transfer of rights and obligations from one secured party to another or when the debt has been fully satisfied and the financing statement needs to be terminated. 4. Amendment Addendum for Change in Address: Whenever the debtor's mailing address or location undergoes alteration, this addendum is filed to update the information accordingly. Filing a McAllen Texas UCC3 Financing Statement Amendment Addendum requires accurately completing the necessary forms and submitting them to the relevant filing office. It is essential to ensure the addendum contains correct information to avoid any discrepancies or complications in future transactions. By utilizing the appropriate type of McAllen Texas UCC3 Financing Statement Amendment Addendum, debtors and secured parties can maintain the accuracy and relevance of their financing statements, thereby safeguarding their rights and interests in secured transactions.The McAllen Texas UCC3 Financing Statement Amendment Addendum is a crucial legal document used to modify and update details on existing UCC3 financing statements in McAllen, Texas. UCC3 refers to Article 9 of the Uniform Commercial Code, a set of laws that governs secured transactions and collateral. By filing an amendment addendum, individuals or businesses can rectify errors, add new information, or remove outdated data from their financing statement. This addendum ensures accuracy and preserves the integrity of the UCC3 financing statement, providing accurate and up-to-date information for potential creditors or interested parties. It safeguards the interests of both debtors and secured parties involved in a secured transaction by reflecting any changes made after the initial filing. There are several types of McAllen Texas UCC3 Financing Statement Amendment Addendum that cater to different needs and circumstances. Some common types include: 1. Name Change Amendment Addendum: This addendum is filed when there is a change in the debtor's legal name, often due to marriage, divorce, or legal entity restructuring. This amendment ensures the financing statement reflects the debtor's updated name accurately. 2. Collateral Modification Addendum: When there is a need to alter the collateral description listed on the initial financing statement, this type of addendum is used. It allows debtors and secured parties to add, remove, or modify collateral details based on changing circumstances. 3. Assignment or Termination Addendum: This type of addendum is filed when there is a transfer of rights and obligations from one secured party to another or when the debt has been fully satisfied and the financing statement needs to be terminated. 4. Amendment Addendum for Change in Address: Whenever the debtor's mailing address or location undergoes alteration, this addendum is filed to update the information accordingly. Filing a McAllen Texas UCC3 Financing Statement Amendment Addendum requires accurately completing the necessary forms and submitting them to the relevant filing office. It is essential to ensure the addendum contains correct information to avoid any discrepancies or complications in future transactions. By utilizing the appropriate type of McAllen Texas UCC3 Financing Statement Amendment Addendum, debtors and secured parties can maintain the accuracy and relevance of their financing statements, thereby safeguarding their rights and interests in secured transactions.
