This Uniform Commercial Code form, a UCC3-AD Financing Statement Amendment Addendum, is for use in the documentation of personal property as collateral for a loan, and related matters.
Collin, Texas UCC3-AD Financing Statement Amendment Addendum — Revised 7-29-98 The Collin, Texas UCC3-AD Financing Statement Amendment Addendum — Revised 7-29-98 is an important legal document that pertains to the Uniform Commercial Code (UCC) regulations in the state of Texas, specifically in Collin County. This addendum is designed to modify or supplement an existing financing statement filed under the UCC3-AD form. This revised UCC3-AD Financing Statement Amendment Addendum was made effective on July 29th, 1998, and serves to provide a standardized approach to amending previously filed financing statements. By filing this addendum, the secured party can update or correct information contained within the original UCC3-AD form, ensuring accuracy and compliance with relevant laws. Keywords: Collin, Texas, UCC3-AD, financing statement, amendment addendum, revised 7-29-98, Uniform Commercial Code, Collin County, legal document, supplement, existing financing statement, effective, standardized approach, amend, update, correct, information, original form, accuracy, compliance. Different Types of Collin, Texas UCC3-AD Financing Statement Amendment Addendum — Revised 7-29-98: 1. Individual Modifications Addendum: This type of addendum is used when an individual or person wants to modify specific details of the original financing statement, such as correcting their name, address, or changing other personal information. 2. Debtor Information Update Addendum: When a debtor (borrower) needs to update their details, such as their legal or business name, address, or contact information, they can file this addendum to ensure accurate identification and communication. 3. Collateral Amendments: This addendum is utilized when changes are required to the collateral listed in the original financing statement. It allows the secured party to add or remove collateral, modify descriptions, or address any other necessary changes related to the assets securing the loan. 4. Additional Party Inclusion Addendum: If there is a need to include additional parties (such as co-debtors or guarantors) in the financing statement, this addendum can be filed to add their relevant information, ensuring proper documentation of their involvement and security interests. 5. Release of Security Interest Addendum: In situations where the secured party (lender) wants to release their interest in the collateral, this addendum can be filed to document the termination of their security interest, providing clarity and transparency to all involved parties. Remember, it is crucial to consult legal professionals or authorities for accurate and up-to-date information regarding the Collin, Texas UCC3-AD Financing Statement Amendment Addendum — Revised 7-29-98, as laws may vary over time.
Collin, Texas UCC3-AD Financing Statement Amendment Addendum — Revised 7-29-98 The Collin, Texas UCC3-AD Financing Statement Amendment Addendum — Revised 7-29-98 is an important legal document that pertains to the Uniform Commercial Code (UCC) regulations in the state of Texas, specifically in Collin County. This addendum is designed to modify or supplement an existing financing statement filed under the UCC3-AD form. This revised UCC3-AD Financing Statement Amendment Addendum was made effective on July 29th, 1998, and serves to provide a standardized approach to amending previously filed financing statements. By filing this addendum, the secured party can update or correct information contained within the original UCC3-AD form, ensuring accuracy and compliance with relevant laws. Keywords: Collin, Texas, UCC3-AD, financing statement, amendment addendum, revised 7-29-98, Uniform Commercial Code, Collin County, legal document, supplement, existing financing statement, effective, standardized approach, amend, update, correct, information, original form, accuracy, compliance. Different Types of Collin, Texas UCC3-AD Financing Statement Amendment Addendum — Revised 7-29-98: 1. Individual Modifications Addendum: This type of addendum is used when an individual or person wants to modify specific details of the original financing statement, such as correcting their name, address, or changing other personal information. 2. Debtor Information Update Addendum: When a debtor (borrower) needs to update their details, such as their legal or business name, address, or contact information, they can file this addendum to ensure accurate identification and communication. 3. Collateral Amendments: This addendum is utilized when changes are required to the collateral listed in the original financing statement. It allows the secured party to add or remove collateral, modify descriptions, or address any other necessary changes related to the assets securing the loan. 4. Additional Party Inclusion Addendum: If there is a need to include additional parties (such as co-debtors or guarantors) in the financing statement, this addendum can be filed to add their relevant information, ensuring proper documentation of their involvement and security interests. 5. Release of Security Interest Addendum: In situations where the secured party (lender) wants to release their interest in the collateral, this addendum can be filed to document the termination of their security interest, providing clarity and transparency to all involved parties. Remember, it is crucial to consult legal professionals or authorities for accurate and up-to-date information regarding the Collin, Texas UCC3-AD Financing Statement Amendment Addendum — Revised 7-29-98, as laws may vary over time.