Nassau New York UCC3 Financing Statement Amendment is a legal document used to make changes or updates to an existing UCC3 Financing Statement filed with the Nassau County Clerk's Office in New York. UCC3 refers to the Uniform Commercial Code — Article 3, which governs negotiable instruments, such as promissory notes and certificates of deposit. The purpose of this amendment is to modify or clarify certain information provided in the original financing statement. This could include updating debtor or secured party information, adding or deleting collateral, or extending or terminating the original financing statement. There are several types of UCC3 Financing Statement Amendments in Nassau, New York, which are: 1. Debtor Information Amendment: This type of amendment is filed to update or correct debtor information such as name, address, or entity status. 2. Secured Party Information Amendment: If there are changes in the secured party's name, address, or assignment of the secured interest, this type of amendment is filed. 3. Collateral Amendment: This amendment is used to add, delete, or modify the collateral listed in the original financing statement. 4. Continuation Amendment: A continuation amendment is filed when the original financing statement is about to expire, and the secured party wants to extend the duration of its security interest. 5. Termination Amendment: This amendment is used to officially terminate and release the security interest mentioned in the original financing statement. It is filed when the debt is fully paid off, or when no further interest exists. These types of amendments play a vital role in ensuring the accuracy and effectiveness of UCC3 Financing Statements in Nassau, New York. They provide an avenue for creditors to update their claims and maintain secure legal rights over collateralized assets. It is essential to file the appropriate amendment type accurately and promptly to comply with legal requirements and protect the rights of all parties involved.