This is the "National UCC Finanacing Statement," and it is an American Lawyer Media form. It contains an acknowledgement copy, a debtor copy, a search request copy, and the secured party's copy.
Hillsborough Florida UCC Financing Statement is a legal documentation required when a party wishes to claim a security interest in personal property of another party in Hillsborough County, Florida. The Uniform Commercial Code (UCC) governs these filings. It serves as a public notice that the party filing the statement holds a security interest in specific personal property, which acts as collateral for a loan or other financial agreement. This statement is crucial for businesses and individuals involved in secured transactions, as it allows them to protect their rights and ensure their interests are safeguarded. The Hillsborough County Clerk of the Circuit Court is responsible for processing and maintaining the UCC Financing Statements in the county. To file a UCC Financing Statement in Hillsborough, the creditor or secured party needs to complete a UCC-1 form accurately. This form requires key information such as names and addresses of both debtor and creditor, description of the collateral, and the purpose of the financing statement. The completed form, along with the necessary fees, must be submitted to the County Clerk's office. There are different types of UCC Financing Statements that can be filed in Hillsborough, Florida, depending on the circumstances: 1. Traditional UCC Financing Statement: This is the most common type, where a creditor files a statement to notify other parties of their security interest. It covers a broad range of personal property assets the debtor possesses or will acquire in the future. 2. Fixture Filing: A creditor files this type of financing statement when the collateral is affixed to real property. It serves as notice to any other parties about the creditor's security interest in the fixture. 3. Agricultural Lien: This financing statement is specific to security interests in agricultural products or crops. It ensures that creditors have priority rights in case of default or bankruptcy. 4. Public-Finance Transaction: This category covers financing statements related to government entities or public financing authorities involved in lending operations. 5. Transmitting Utility: This type of filing is relevant for utility companies or entities that provide services such as gas, water, or telecommunications. It secures an interest in the utility's accounts receivable or payment rights. It is essential to note that the UCC Financing Statement has a limited duration, typically lasting for five years. After expiration, it needs to be renewed to maintain its effectiveness. It is advisable for interested parties to seek legal advice or consult the Hillsborough County Clerk's office for precise requirements and guidelines when filing the UCC Financing Statement.Hillsborough Florida UCC Financing Statement is a legal documentation required when a party wishes to claim a security interest in personal property of another party in Hillsborough County, Florida. The Uniform Commercial Code (UCC) governs these filings. It serves as a public notice that the party filing the statement holds a security interest in specific personal property, which acts as collateral for a loan or other financial agreement. This statement is crucial for businesses and individuals involved in secured transactions, as it allows them to protect their rights and ensure their interests are safeguarded. The Hillsborough County Clerk of the Circuit Court is responsible for processing and maintaining the UCC Financing Statements in the county. To file a UCC Financing Statement in Hillsborough, the creditor or secured party needs to complete a UCC-1 form accurately. This form requires key information such as names and addresses of both debtor and creditor, description of the collateral, and the purpose of the financing statement. The completed form, along with the necessary fees, must be submitted to the County Clerk's office. There are different types of UCC Financing Statements that can be filed in Hillsborough, Florida, depending on the circumstances: 1. Traditional UCC Financing Statement: This is the most common type, where a creditor files a statement to notify other parties of their security interest. It covers a broad range of personal property assets the debtor possesses or will acquire in the future. 2. Fixture Filing: A creditor files this type of financing statement when the collateral is affixed to real property. It serves as notice to any other parties about the creditor's security interest in the fixture. 3. Agricultural Lien: This financing statement is specific to security interests in agricultural products or crops. It ensures that creditors have priority rights in case of default or bankruptcy. 4. Public-Finance Transaction: This category covers financing statements related to government entities or public financing authorities involved in lending operations. 5. Transmitting Utility: This type of filing is relevant for utility companies or entities that provide services such as gas, water, or telecommunications. It secures an interest in the utility's accounts receivable or payment rights. It is essential to note that the UCC Financing Statement has a limited duration, typically lasting for five years. After expiration, it needs to be renewed to maintain its effectiveness. It is advisable for interested parties to seek legal advice or consult the Hillsborough County Clerk's office for precise requirements and guidelines when filing the UCC Financing Statement.