San Jose California UCC3-AD Financing Statement Amendment Addendum

• Category: Contracts - Uniform Commercial Code - Financing Statements
• State: Multi-State
• City: San Jose
• Control #: US-UCC3-AD
• Format: Word; PDF

Description

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. San Jose, California, UCC3-AD Financing Statement Amendment Addendum — Revised 7-29-98 is a legal document used in the state of California for making changes or updates to UCC3-AD financing statements. UCC3-AD stands for Uniform Commercial Code Amendment for Agricultural Cooperative Associations, and it governs transactions related to farmers and agricultural cooperatives. This specific addendum, revised on July 29, 1998, is designed to provide an opportunity to make modifications or amendments to existing UCC3-AD financing statements filed in San Jose, California. It ensures accuracy and updated information pertaining to the secured party, debtor, and collateral for agricultural loans or transactions. The San Jose, California UCC3-AD Financing Statement Amendment Addendum — Revised 7-29-98 is typically required when any changes occur in the initial financing statement. Some common situations where such an addendum may be necessary include: 1. Change of Secured Party: If the agricultural loan or collateral is assigned or transferred to a new entity/designated representative, this addendum allows the modification to reflect the new secured party's information. 2. Change of Debtor's Information: If the debtor (agricultural cooperative) changes its legal name, address, or other important details, this amendment addendum serves to update the financing statement accordingly. 3. Change or Addition of Collateral: If the agricultural cooperative adds, removes, or modifies the listed collateral, this addendum allows for the necessary changes to reflect the new collateral. Different types or situations that might require separate San Jose, California UCC3-AD Financing Statement Amendment Addendums could include: 1. Amendments for Secured Party Changes: This addendum specifically caters to modifications regarding the secured party, such as assignment, transfer, or changes in designated representatives. 2. Amendments for Debtor Information Changes: This addendum deals with changes in the debtor's legal name, address, or any other essential information that needs to be updated in the financing statement. 3. Amendments for Collateral Changes: This type of addendum is utilized when the agricultural cooperative modifies, adds, or removes collateral associated with the initial financing statement. In conclusion, the San Jose, California UCC3-AD Financing Statement Amendment Addendum — Revised 7-29-98 is a vital legal document used to update and make necessary changes to UCC3-AD financing statements related to agricultural loans and transactions in San Jose, California. By providing a mechanism to amend secured party details, debtor information, and collateral, this addendum ensures accuracy and compliance with the Uniform Commercial Code, safeguarding the interests of all parties involved in these agricultural transactions.

San Jose, California, UCC3-AD Financing Statement Amendment Addendum — Revised 7-29-98 is a legal document used in the state of California for making changes or updates to UCC3-AD financing statements. UCC3-AD stands for Uniform Commercial Code Amendment for Agricultural Cooperative Associations, and it governs transactions related to farmers and agricultural cooperatives. This specific addendum, revised on July 29, 1998, is designed to provide an opportunity to make modifications or amendments to existing UCC3-AD financing statements filed in San Jose, California. It ensures accuracy and updated information pertaining to the secured party, debtor, and collateral for agricultural loans or transactions. The San Jose, California UCC3-AD Financing Statement Amendment Addendum — Revised 7-29-98 is typically required when any changes occur in the initial financing statement. Some common situations where such an addendum may be necessary include: 1. Change of Secured Party: If the agricultural loan or collateral is assigned or transferred to a new entity/designated representative, this addendum allows the modification to reflect the new secured party's information. 2. Change of Debtor's Information: If the debtor (agricultural cooperative) changes its legal name, address, or other important details, this amendment addendum serves to update the financing statement accordingly. 3. Change or Addition of Collateral: If the agricultural cooperative adds, removes, or modifies the listed collateral, this addendum allows for the necessary changes to reflect the new collateral. Different types or situations that might require separate San Jose, California UCC3-AD Financing Statement Amendment Addendums could include: 1. Amendments for Secured Party Changes: This addendum specifically caters to modifications regarding the secured party, such as assignment, transfer, or changes in designated representatives. 2. Amendments for Debtor Information Changes: This addendum deals with changes in the debtor's legal name, address, or any other essential information that needs to be updated in the financing statement. 3. Amendments for Collateral Changes: This type of addendum is utilized when the agricultural cooperative modifies, adds, or removes collateral associated with the initial financing statement. In conclusion, the San Jose, California UCC3-AD Financing Statement Amendment Addendum — Revised 7-29-98 is a vital legal document used to update and make necessary changes to UCC3-AD financing statements related to agricultural loans and transactions in San Jose, California. By providing a mechanism to amend secured party details, debtor information, and collateral, this addendum ensures accuracy and compliance with the Uniform Commercial Code, safeguarding the interests of all parties involved in these agricultural transactions.