Allegheny Pennsylvania UCC1-AD Financing Statement Addendum

• Category: Contracts - Uniform Commercial Code - Financing Statements
• State: Multi-State
• County: Allegheny
• Control #: US-UCC1-AD
• Format: Word; PDF

Description

This form is a UCC Financing Statement Addendum for use in documenting personal property used as collateral for a loan. Available in Word and Adobe pdf format. Allegheny Pennsylvania UCC1-AD Financing Statement Addendum is a legal document that serves as an addition or supplement to the UCC1-AD Financing Statement in the state of Pennsylvania. This financing statement addendum ensures that any additional information or amendments made to the original UCC1-AD statement are accurately recorded and maintained. Keywords: Allegheny Pennsylvania, UCC1-AD Financing Statement Addendum, financing statement, legal document, UCC1-AD statement, amendments, additional information. There are no specific types of Allegheny Pennsylvania UCC1-AD Financing Statement Addendum since it is a general term used to encompass any additional documents or information related to the original financing statement. The content of the addendum can vary based on the specific requirements or changes involved in each case. However, it is important to understand that UCC1-AD Financing Statement Addendum is typically used for various purposes such as: 1. Amendment Addendum: This type of addendum is used when there is a need to amend or modify any information provided in the original UCC1-AD Financing Statement. It may include changes in debtor information, collateral description, or other relevant details. 2. Continuation Addendum: If the initial financing statement is set to expire, a continuation addendum is filed to extend the validity of the statement. This addendum ensures that the original financing statement remains effective for an extended period, usually five years, giving the filing party continued rights in the collateral. 3. Termination Addendum: When the secured party no longer has an interest in the collateral or the debt has been fully satisfied, a termination addendum is filed to effectively eliminate the UCC1-AD Financing Statement. This addendum acts as an official notice to terminate any claim or interest in the collateral. 4. Additional Collateral Addendum: In cases where the secured party wishes to include additional collateral that was not initially covered in the UCC1-AD statement, an additional collateral addendum is filed. This addendum ensures that the new collateral is properly documented and included under the original financing statement. In summary, Allegheny Pennsylvania UCC1-AD Financing Statement Addendum is a legal document used to supplement and record any amendments, continuations, terminations, or additional collateral information related to the original UCC1-AD Financing Statement filed in the state of Pennsylvania.

Allegheny Pennsylvania UCC1-AD Financing Statement Addendum is a legal document that serves as an addition or supplement to the UCC1-AD Financing Statement in the state of Pennsylvania. This financing statement addendum ensures that any additional information or amendments made to the original UCC1-AD statement are accurately recorded and maintained. Keywords: Allegheny Pennsylvania, UCC1-AD Financing Statement Addendum, financing statement, legal document, UCC1-AD statement, amendments, additional information. There are no specific types of Allegheny Pennsylvania UCC1-AD Financing Statement Addendum since it is a general term used to encompass any additional documents or information related to the original financing statement. The content of the addendum can vary based on the specific requirements or changes involved in each case. However, it is important to understand that UCC1-AD Financing Statement Addendum is typically used for various purposes such as: 1. Amendment Addendum: This type of addendum is used when there is a need to amend or modify any information provided in the original UCC1-AD Financing Statement. It may include changes in debtor information, collateral description, or other relevant details. 2. Continuation Addendum: If the initial financing statement is set to expire, a continuation addendum is filed to extend the validity of the statement. This addendum ensures that the original financing statement remains effective for an extended period, usually five years, giving the filing party continued rights in the collateral. 3. Termination Addendum: When the secured party no longer has an interest in the collateral or the debt has been fully satisfied, a termination addendum is filed to effectively eliminate the UCC1-AD Financing Statement. This addendum acts as an official notice to terminate any claim or interest in the collateral. 4. Additional Collateral Addendum: In cases where the secured party wishes to include additional collateral that was not initially covered in the UCC1-AD statement, an additional collateral addendum is filed. This addendum ensures that the new collateral is properly documented and included under the original financing statement. In summary, Allegheny Pennsylvania UCC1-AD Financing Statement Addendum is a legal document used to supplement and record any amendments, continuations, terminations, or additional collateral information related to the original UCC1-AD Financing Statement filed in the state of Pennsylvania.