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.
Dallas Texas UCC3 Financing Statement Amendment is a legal document that facilitates changes or updates made to an existing UCC3 Financing Statement in the state of Texas, specifically in Dallas. UCC3 stands for Uniform Commercial Code-3, which governs the laws related to secured transactions for personal property. When it comes to Dallas Texas UCC3 Financing Statement Amendment, there are mainly two types: 1. Amendment to Add Collateral: This type of amendment is filed when a debtor wants to include additional collateral that was not originally listed in the initial UCC3 Financing Statement. By filing this amendment, the debtor ensures that the new collateral is properly recorded and becomes part of the original financing statement. 2. Amendment to Terminate Collateral: In some cases, debtors may want to remove certain collateral from the initial UCC3 Financing Statement due to various reasons such as debt repayment or collateral disposition. The debtor files this amendment to ensure the removal of specific collateral from the UCC3 filing, updating the public record accordingly. To file a Dallas Texas UCC3 Financing Statement Amendment, several essential details need to be included. These may comprise: — Debtor and Secured Party Information: The debtor's legal name, address, and identification number, along with the secured party's information, must be mentioned accurately. It is crucial to provide the correct details to avoid any confusion or potential issues in the future. — Existing Financing Statement Details: The original UCC3 Financing Statement's unique identifying number or file number, including the date it was initially filed, should be referenced in the amendment form. — Amendment Details: Clear and concise information about the exact changes being made needs to be specified. Whether it is an addition or termination of collateral, the specific details should be outlined comprehensively. — Notarization and Filing: The Dallas Texas UCC3 Financing Statement Amendment must be notarized with the debtor's signature and filed with the appropriate state agency responsible for maintaining the UCC records. It is advisable to consult with legal professionals or UCC filing services to ensure the correct filing process. In summary, a Dallas Texas UCC3 Financing Statement Amendment is a legal document used to modify, add, or terminate collateral listed in the original UCC3 Financing Statement. By accurately completing and filing this amendment, debtors and secured parties can maintain an updated public record of their secured transactions in accordance with Texas state laws.Dallas Texas UCC3 Financing Statement Amendment is a legal document that facilitates changes or updates made to an existing UCC3 Financing Statement in the state of Texas, specifically in Dallas. UCC3 stands for Uniform Commercial Code-3, which governs the laws related to secured transactions for personal property. When it comes to Dallas Texas UCC3 Financing Statement Amendment, there are mainly two types: 1. Amendment to Add Collateral: This type of amendment is filed when a debtor wants to include additional collateral that was not originally listed in the initial UCC3 Financing Statement. By filing this amendment, the debtor ensures that the new collateral is properly recorded and becomes part of the original financing statement. 2. Amendment to Terminate Collateral: In some cases, debtors may want to remove certain collateral from the initial UCC3 Financing Statement due to various reasons such as debt repayment or collateral disposition. The debtor files this amendment to ensure the removal of specific collateral from the UCC3 filing, updating the public record accordingly. To file a Dallas Texas UCC3 Financing Statement Amendment, several essential details need to be included. These may comprise: — Debtor and Secured Party Information: The debtor's legal name, address, and identification number, along with the secured party's information, must be mentioned accurately. It is crucial to provide the correct details to avoid any confusion or potential issues in the future. — Existing Financing Statement Details: The original UCC3 Financing Statement's unique identifying number or file number, including the date it was initially filed, should be referenced in the amendment form. — Amendment Details: Clear and concise information about the exact changes being made needs to be specified. Whether it is an addition or termination of collateral, the specific details should be outlined comprehensively. — Notarization and Filing: The Dallas Texas UCC3 Financing Statement Amendment must be notarized with the debtor's signature and filed with the appropriate state agency responsible for maintaining the UCC records. It is advisable to consult with legal professionals or UCC filing services to ensure the correct filing process. In summary, a Dallas Texas UCC3 Financing Statement Amendment is a legal document used to modify, add, or terminate collateral listed in the original UCC3 Financing Statement. By accurately completing and filing this amendment, debtors and secured parties can maintain an updated public record of their secured transactions in accordance with Texas state laws.
