Wake North Carolina UCC11 Information Request is a legal process used to retrieve essential information regarding Uniform Commercial Code (UCC) filings in Wake County, North Carolina. UCC11 refers to the standard form used for such requests. UCC filings play a crucial role in financial transactions, including secured lending, leasing, and other business transactions. There are various types of Wake North Carolina UCC11 Information Requests, depending on the specific purpose and requirements. Some common types include: 1. UCC11 Information Request for Secured Lenders: This type of request is primarily used by lenders who want to obtain details on existing UCC financing statements related to collateral pledged by borrowers. It helps lenders assess the priority of their interests in case of default or bankruptcy. 2. UCC11 Information Request for Potential Buyers: This variant of the request is often utilized by individuals or companies interested in purchasing assets, such as businesses, vehicles, or equipment. Performing a UCC search provides insights into any existing security interests or liens on the assets, allowing potential buyers to make informed decisions. 3. UCC11 Information Request for Lessors or Lessees: Lessors and lessees often make UCC11 requests to determine if there are any existing security interests or liens on leased equipment or other assets. This helps protect the rights of the lessor and ensures clarity regarding the leased property. 4. UCC11 Information Request for Legal Professionals: Attorneys and legal professionals frequently use this type of request to gather comprehensive data related to UCC filings. The requested information assists in due diligence, litigation support, and other legal matters involving UCC transactions. In summary, a Wake North Carolina UCC11 Information Request involves the retrieval of UCC filing details through an official form. It serves different purposes, including assisting secured lenders, potential buyers, lessors, lessees, and legal professionals in obtaining essential information about UCC filings in Wake County, North Carolina.
Wake North Carolina UCC11 Information Request
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How to fill out Wake North Carolina UCC11 Information Request?
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Initial Filing Note: Online filing and searching available through SOSDirect. For information or to subscribe, call (512) 475-2703. Form to be used for an initial filing. Form may only be used in conjunction with the UCC1 Form (see instructions on forms).
In all cases, you should file a UCC-1 with the secretary of state's office in the state where the debtor is incorporated or organized (if a business), or lives (if an individual).
How do I submit my documents to the secretary of state for filing? Online: SOSDirect (electronic filing of many, but not all, types of documents) Fax: (512) 463-5709. Mail: Corporations Section. P. O. Box 13697. Austin, Texas 78711-3697. Delivery: James Earl Rudder Office Building. 1019 Brazos. Austin, Texas 78701.
In all cases, you should file a UCC-1 with the secretary of state's office in the state where the debtor is incorporated or organized (if a business), or lives (if an individual).
In New York, a contract may fall under the common law of the state or the Uniform Commercial Code (UCC), a set of rules adopted by all 50 states that govern certain commercial transactions.
A UCC is a security agreement on personal property that is recorded to protect the lender's or secured party's investment. In a security agreement, a loan is secured by personal property as collateral, thereby giving the lender rights in the property.
By Mail: send the completed form with the processing fee of $40 to the New York State Department of State, Division of Corporations, State Records and Uniform Commercial Code, One Commerce Plaza, 99 Washington Avenue, Albany, New York 12231.
How can I submit a UCC filing? E-Filing online. US Mail. NC Department of the Secretary of State. Attn: UCC. PO Box 29626. Raleigh, NC 27626-0626. Hand delivery. NC Department of the Secretary of State.
North Carolina's enactment of the UCC is codified in Chapter 25 of the North Carolina General Statutes (unofficial). North Carolina has adopted the following articles of the UCC: Article 1: General Provisions: UCC Article 1 deals with definitions and also the rules of interpretation of the provisions.
All non-fixture UCC filings must be recorded with the North Carolina Department of the Secretary of State. A new national UCC form or facsimile should be used for filings. UCC forms are available for download via the North Carolina Department of the Secretary of State's web page.