UCC3 - Financing Statement Amendment - Texas - For use after July 1, 2001. This amendment is to be filed in the real estate records. This Financing Statement complies with all applicable state statutes.
Amarillo, Texas UCC3 Financing Statement Amendment is a legal document used to modify or update the information on an existing Uniform Commercial Code (UCC) financing statement filed in Amarillo, Texas. A UCC3 Amendment is typically necessary when there are changes to the debtor's name, address, collateral, or other important details that need to be reflected in the public record. The Amarillo, Texas UCC3 Financing Statement Amendment is crucial for maintaining accurate and up-to-date information regarding secured transactions. By filing an amendment, parties involved can ensure that their rights, interests, and priorities are protected in cases where the original financing statement requires revision. Keywords: Amarillo, Texas, UCC3 Financing Statement Amendment, legal document, modify, update, Uniform Commercial Code, UCC, financing statement, Amarillo Texas UCC3 Financing Statement Amendment. Different types of Amarillo Texas UCC3 Financing Statement Amendments may include: 1. Name Amendment: When a debtor's legal or business name changes, a UCC3 Amendment is necessary to update the financing statement accordingly. This ensures that the correct entity is identified and can be held responsible for the collateral. 2. Collateral Amendment: If there are changes to the collateral initially described in the financing statement, such as additional or released assets, a UCC3 Amendment is required. This amendment provides clarity and informs other parties of the revised collateral. 3. Assignment Amendment: In cases where the security interest in the collateral has been assigned or transferred to another party, a UCC3 Amendment must be filed. This amendment identifies the new secured party and properly reflects the change of ownership. 4. Termination Amendment: When the secured obligation has been fully paid off or otherwise satisfied, a UCC3 Amendment is filed to terminate the financing statement. This ensures that the collateral is no longer encumbered and provides clear evidence to interested parties. Keywords: Name Amendment, Collateral Amendment, Assignment Amendment, Termination Amendment, UCC3 Financing Statement Amendment, financing statement, Amarillo Texas.Amarillo, Texas UCC3 Financing Statement Amendment is a legal document used to modify or update the information on an existing Uniform Commercial Code (UCC) financing statement filed in Amarillo, Texas. A UCC3 Amendment is typically necessary when there are changes to the debtor's name, address, collateral, or other important details that need to be reflected in the public record. The Amarillo, Texas UCC3 Financing Statement Amendment is crucial for maintaining accurate and up-to-date information regarding secured transactions. By filing an amendment, parties involved can ensure that their rights, interests, and priorities are protected in cases where the original financing statement requires revision. Keywords: Amarillo, Texas, UCC3 Financing Statement Amendment, legal document, modify, update, Uniform Commercial Code, UCC, financing statement, Amarillo Texas UCC3 Financing Statement Amendment. Different types of Amarillo Texas UCC3 Financing Statement Amendments may include: 1. Name Amendment: When a debtor's legal or business name changes, a UCC3 Amendment is necessary to update the financing statement accordingly. This ensures that the correct entity is identified and can be held responsible for the collateral. 2. Collateral Amendment: If there are changes to the collateral initially described in the financing statement, such as additional or released assets, a UCC3 Amendment is required. This amendment provides clarity and informs other parties of the revised collateral. 3. Assignment Amendment: In cases where the security interest in the collateral has been assigned or transferred to another party, a UCC3 Amendment must be filed. This amendment identifies the new secured party and properly reflects the change of ownership. 4. Termination Amendment: When the secured obligation has been fully paid off or otherwise satisfied, a UCC3 Amendment is filed to terminate the financing statement. This ensures that the collateral is no longer encumbered and provides clear evidence to interested parties. Keywords: Name Amendment, Collateral Amendment, Assignment Amendment, Termination Amendment, UCC3 Financing Statement Amendment, financing statement, Amarillo Texas.