Harris Texas UCC3 Financing Statement Amendment Additional Party

State:
Multi-State
County:
Harris
Control #:
US-UCC3-AP
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PDF
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Description

Financing Statement Amendment Additional Party form for adding additional Debtors or Secured Parties to Financing Statement Amendment (Form UCC3).


Harris Texas UCC3 Financing Statement Amendment Additional Party is a legal form used to add a party to an existing UCC3 financing statement in Harris County, Texas. This amendment is necessary when there is a need to reflect changes or updates to the original financing statement. UCC3 refers to the Uniform Commercial Code, which governs commercial transactions in the United States. Adding a party to a financing statement is a crucial step in ensuring accuracy and keeping all parties involved informed. The Harris Texas UCC3 Financing Statement Amendment Additional Party form must include relevant information such as the name of the debtor, the secured party, and details about the amendment. Different types of Harris Texas UCC3 Financing Statement Amendment Additional Party forms may include: 1. Individual Amendment: This type of amendment focuses on adding an individual debtor or secured party to the financing statement. It requires providing the individual's legal name, address, and any other required details as per the instructions provided by the Harris County, Texas authorities. 2. Business/Corporation Amendment: This type of amendment is used when a business entity or corporation needs to be added to the UCC3 financing statement. It requires providing the legal name of the entity, its registered address, employer identification number (EIN), and other relevant information as per the regulations. 3. Successor Amendment: In the event of a transfer of interest or a change in ownership, a successor amendment is used to add the new party to the UCC3 financing statement. This type of amendment requires providing details about the previous and new parties, including their legal names, addresses, and any relevant supporting documentation. When completing a Harris Texas UCC3 Financing Statement Amendment Additional Party, it is essential to follow the specific instructions provided by Harris County, Texas authorities and ensure accuracy and completeness of the information provided. Mistakes or omissions may lead to complications in the future and affect the validity of the financing statement. Overall, the Harris Texas UCC3 Financing Statement Amendment Additional Party is a crucial legal document that allows for the addition of a new party to an existing UCC3 financing statement in Harris County, Texas. It helps in maintaining accurate records and protecting the rights and interests of all parties involved in commercial transactions within the jurisdiction.

Harris Texas UCC3 Financing Statement Amendment Additional Party is a legal form used to add a party to an existing UCC3 financing statement in Harris County, Texas. This amendment is necessary when there is a need to reflect changes or updates to the original financing statement. UCC3 refers to the Uniform Commercial Code, which governs commercial transactions in the United States. Adding a party to a financing statement is a crucial step in ensuring accuracy and keeping all parties involved informed. The Harris Texas UCC3 Financing Statement Amendment Additional Party form must include relevant information such as the name of the debtor, the secured party, and details about the amendment. Different types of Harris Texas UCC3 Financing Statement Amendment Additional Party forms may include: 1. Individual Amendment: This type of amendment focuses on adding an individual debtor or secured party to the financing statement. It requires providing the individual's legal name, address, and any other required details as per the instructions provided by the Harris County, Texas authorities. 2. Business/Corporation Amendment: This type of amendment is used when a business entity or corporation needs to be added to the UCC3 financing statement. It requires providing the legal name of the entity, its registered address, employer identification number (EIN), and other relevant information as per the regulations. 3. Successor Amendment: In the event of a transfer of interest or a change in ownership, a successor amendment is used to add the new party to the UCC3 financing statement. This type of amendment requires providing details about the previous and new parties, including their legal names, addresses, and any relevant supporting documentation. When completing a Harris Texas UCC3 Financing Statement Amendment Additional Party, it is essential to follow the specific instructions provided by Harris County, Texas authorities and ensure accuracy and completeness of the information provided. Mistakes or omissions may lead to complications in the future and affect the validity of the financing statement. Overall, the Harris Texas UCC3 Financing Statement Amendment Additional Party is a crucial legal document that allows for the addition of a new party to an existing UCC3 financing statement in Harris County, Texas. It helps in maintaining accurate records and protecting the rights and interests of all parties involved in commercial transactions within the jurisdiction.

How to fill out Harris Texas UCC3 Financing Statement Amendment Additional Party?

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FAQ

Although Article 9 was intended to make this process uniform, UCC filing rules can vary in each state. Pay attention to detail in debtor name requirements.Decide where to file UCC financing statements by location of the debtor.Allow ample filing time depending on jurisdiction.Ensure all relevant records are uncovered.

To amend your collateral description, click the button labeled View/Amend Collateral. After clicking this button, a pop-up will appear and will display the current collateral description and provide options to Add Collateral, Delete Collateral or Change Collateral.

The secured party may assign the rights to some portion or percentage of all the collateral covered by the initial UCC financing statement to another party. (A partial assignment.) The secured party may assign the rights of the 100% interest in a portion of the collateral to another party.

Whether you are amending a filing or terminating a filing, if you are redirected to the UCC Services Request form, complete all tabs of the service request you can do this by making the changes and then clicking Next on the bottom right of the screen.

If you need to remove a UCC filing form your credit report, ask the lender to file for its removal. In order to do this, they need to file a UCC-3 Financing Statement Amendment. You can also just wait it out. Depending on how long you have been with the lender, the filing may be removed within a few months.

To assign (1) some or all of Assignor's right to amend the identified financing statement, or (2) the Assignor's right to amend the identified financing statement with respect to some (but not all) of the collateral covered by the identified financing statement: Check box in item 3 and enter name of Assignee in item 7a

UCC. A UCC3 is a change statement to a UCC1. It's an amendment filing to an original UCC1 financing statement that changes or adds information to the originally filed UCC1. It's a filing tool secured parties use to manage their UCC portfolio to maintain their perfected security interests.

UCC. A UCC3 is a change statement to a UCC1. It's an amendment filing to an original UCC1 financing statement that changes or adds information to the originally filed UCC1. It's a filing tool secured parties use to manage their UCC portfolio to maintain their perfected security interests.

Ask the lender to terminate the lien upon payoff. When you pay off a loan, a good rule of thumb is to immediately submit a request with the lender to file a UCC-3 form with your secretary of state. The UCC-3 will terminate the lien on your company's asset (or assets) and remove the UCC-1 filing.

For a security interest to attach, the following events must have occurred: (A) value must have been given by the Secured Party; (B) the Debtor must have rights in the collateral; and (C) the Secured Party must have been granted a security interest in the collateral.

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Harris Texas UCC3 Financing Statement Amendment Additional Party