Bronx New York UCC1-AD Financing Statement Addendum

• Category: Contracts - Uniform Commercial Code - Financing Statements
• State: Multi-State
• County: Bronx
• 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. The Bronx is a borough located in New York City, New York. It is the northernmost borough and is known for its vibrant culture, diverse population, and rich history. The Bronx is home to several famous landmarks and attractions, including Yankee Stadium, Bronx Zoo, New York Botanical Garden, and Bronx Museum of the Arts. In legal terms, UCC1-AD Financing Statement Addendum refers to a document used in the Uniform Commercial Code (UCC) system to provide additional information related to a financing statement. This addendum is specifically used in the context of Bronx, New York, and serves to supplement the primary UCC1 financing statement. There are various types of Bronx New York UCC1-AD Financing Statement Addendum, each catering to different scenarios and requirements within the realm of secured transactions. These types may include: 1. Collateral Description Addendum: This addendum provides additional details and clarification regarding the collateral associated with the financing statement. It helps in precisely identifying and describing the assets that secure the debtor's obligations. 2. Debtor Information Addendum: This addendum contains supplementary information about the debtor, such as their address, social security number or employer identification number, creating a comprehensive profile for accurate identification. 3. Secured Party Information Addendum: This addendum includes additional information about the secured party, such as their address, contact details, and any other pertinent information required to establish their rights and interests in the collateral. 4. Amendment Addendum: This type of addendum is used when there is a need to modify or amend the original UCC1 financing statement. It ensures that any changes to the initial filing are properly recorded and acknowledged. 5. Continuation Addendum: If the duration of the security interest stated in the original UCC1 financing statement is nearing expiration, a continuation addendum is used to extend the period of effectiveness. It is crucial to ensure that the appropriate Bronx New York UCC1-AD Financing Statement Addendum is filed accurately to comply with the legal requirements for secured transactions, protecting the rights and interests of all parties involved. Working with a qualified legal professional is recommended to navigate this process effectively.

The Bronx is a borough located in New York City, New York. It is the northernmost borough and is known for its vibrant culture, diverse population, and rich history. The Bronx is home to several famous landmarks and attractions, including Yankee Stadium, Bronx Zoo, New York Botanical Garden, and Bronx Museum of the Arts. In legal terms, UCC1-AD Financing Statement Addendum refers to a document used in the Uniform Commercial Code (UCC) system to provide additional information related to a financing statement. This addendum is specifically used in the context of Bronx, New York, and serves to supplement the primary UCC1 financing statement. There are various types of Bronx New York UCC1-AD Financing Statement Addendum, each catering to different scenarios and requirements within the realm of secured transactions. These types may include: 1. Collateral Description Addendum: This addendum provides additional details and clarification regarding the collateral associated with the financing statement. It helps in precisely identifying and describing the assets that secure the debtor's obligations. 2. Debtor Information Addendum: This addendum contains supplementary information about the debtor, such as their address, social security number or employer identification number, creating a comprehensive profile for accurate identification. 3. Secured Party Information Addendum: This addendum includes additional information about the secured party, such as their address, contact details, and any other pertinent information required to establish their rights and interests in the collateral. 4. Amendment Addendum: This type of addendum is used when there is a need to modify or amend the original UCC1 financing statement. It ensures that any changes to the initial filing are properly recorded and acknowledged. 5. Continuation Addendum: If the duration of the security interest stated in the original UCC1 financing statement is nearing expiration, a continuation addendum is used to extend the period of effectiveness. It is crucial to ensure that the appropriate Bronx New York UCC1-AD Financing Statement Addendum is filed accurately to comply with the legal requirements for secured transactions, protecting the rights and interests of all parties involved. Working with a qualified legal professional is recommended to navigate this process effectively.