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.
Killeen Texas UCC3 Financing Statement Amendment is a legal document that allows parties to modify or update the information provided in a previous UCC3 financing statement. This amendment is governed by the Uniform Commercial Code (UCC) in the state of Texas and is crucial in ensuring accurate and up-to-date information regarding secured transactions. In Killeen, Texas, there are various types of UCC3 Financing Statement Amendments available, depending on the specific changes needed: 1. Name Change Amendment: This type of amendment is necessary when the debtor or secured party changes their legal name. It ensures that the financing statement reflects the updated information and maintains the priority of the secured party's interest. 2. Collateral Addition or Deletion Amendment: If there is a need to add or remove collateral from the initial financing statement, this amendment is filed. It ensures that the collateral description accurately represents the property securing the debt. 3. Amendment to the Debtor's Information: If there are changes in the debtor's identification details, such as a change in address or business name, this type of amendment is filed to update the information in the UCC3 financing statement. 4. Amendment to the Secured Party's Information: In the event of a change in the contact information, address, or name of the secured party, this amendment is necessary to keep the financing statement current and enable effective communication. 5. Amendment to the UCC Filing: Sometimes, errors or mistakes occur during the initial filing process of a UCC3 financing statement. This type of amendment is filed to correct any inaccuracies or omissions in the original filing, ensuring it accurately reflects the intended parties and transactions. 6. Termination Statement Amendment: A termination statement is typically filed when a debt or obligation has been fully paid or fulfilled. However, amendments to termination statements can be necessary if any errors or changes need to be made to the original filing. Overall, Killeen Texas UCC3 Financing Statement Amendment plays a critical role in reflecting any modifications or updates to the initial UCC3 financing statement. It ensures accuracy, maintains the priority of secured interests, and provides necessary transparency for secured parties, debtors, and other interested parties involved in commercial transactions.Killeen Texas UCC3 Financing Statement Amendment is a legal document that allows parties to modify or update the information provided in a previous UCC3 financing statement. This amendment is governed by the Uniform Commercial Code (UCC) in the state of Texas and is crucial in ensuring accurate and up-to-date information regarding secured transactions. In Killeen, Texas, there are various types of UCC3 Financing Statement Amendments available, depending on the specific changes needed: 1. Name Change Amendment: This type of amendment is necessary when the debtor or secured party changes their legal name. It ensures that the financing statement reflects the updated information and maintains the priority of the secured party's interest. 2. Collateral Addition or Deletion Amendment: If there is a need to add or remove collateral from the initial financing statement, this amendment is filed. It ensures that the collateral description accurately represents the property securing the debt. 3. Amendment to the Debtor's Information: If there are changes in the debtor's identification details, such as a change in address or business name, this type of amendment is filed to update the information in the UCC3 financing statement. 4. Amendment to the Secured Party's Information: In the event of a change in the contact information, address, or name of the secured party, this amendment is necessary to keep the financing statement current and enable effective communication. 5. Amendment to the UCC Filing: Sometimes, errors or mistakes occur during the initial filing process of a UCC3 financing statement. This type of amendment is filed to correct any inaccuracies or omissions in the original filing, ensuring it accurately reflects the intended parties and transactions. 6. Termination Statement Amendment: A termination statement is typically filed when a debt or obligation has been fully paid or fulfilled. However, amendments to termination statements can be necessary if any errors or changes need to be made to the original filing. Overall, Killeen Texas UCC3 Financing Statement Amendment plays a critical role in reflecting any modifications or updates to the initial UCC3 financing statement. It ensures accuracy, maintains the priority of secured interests, and provides necessary transparency for secured parties, debtors, and other interested parties involved in commercial transactions.
