This document is a schedule to the UCC-1 Financing Statement. It is an inclusive list of all property covered by the financing statement and also contains a section for the borrower's alternative provisions.
Bexar Texas UCC Schedule refers to the Uniform Commercial Code (UCC) filings made in Bexar County, Texas. The UCC is a set of laws that governs commercial transactions, providing guidelines and regulations for various aspects of business dealings. These filings serve as a public record, providing information about different transactions and encumbrances on personal property. In Bexar County, Texas, there are several types of UCC Schedules that can be filed, including: 1. UCC Financing Statement: This schedule is used to document a lender's security interest in the borrower's property (collateral) to secure a loan. It includes details such as the debtor's information, the secured party's information, and a description of the collateral. 2. UCC Amendment: This schedule is used to make changes or updates to a previously filed UCC Financing Statement. It can be used to add or remove collateral, change debtor or secured party information, or modify other terms of the original filing. 3. UCC Assignment: This schedule is used when a lender wishes to transfer their security interest to another party. It transfers the rights and obligations of the original secured party to the assigned party. 4. UCC Termination: This schedule is used to terminate or release a previously filed UCC Financing Statement. It indicates that the debt or obligation has been satisfied, and the lender no longer claims a security interest in the collateral. These different types of UCC Schedules provide transparency and legal protection for both lenders and borrowers involved in commercial transactions within Bexar County, Texas. By filing these schedules with the appropriate authorities, parties can ensure that their rights and interests are properly documented and protected.Bexar Texas UCC Schedule refers to the Uniform Commercial Code (UCC) filings made in Bexar County, Texas. The UCC is a set of laws that governs commercial transactions, providing guidelines and regulations for various aspects of business dealings. These filings serve as a public record, providing information about different transactions and encumbrances on personal property. In Bexar County, Texas, there are several types of UCC Schedules that can be filed, including: 1. UCC Financing Statement: This schedule is used to document a lender's security interest in the borrower's property (collateral) to secure a loan. It includes details such as the debtor's information, the secured party's information, and a description of the collateral. 2. UCC Amendment: This schedule is used to make changes or updates to a previously filed UCC Financing Statement. It can be used to add or remove collateral, change debtor or secured party information, or modify other terms of the original filing. 3. UCC Assignment: This schedule is used when a lender wishes to transfer their security interest to another party. It transfers the rights and obligations of the original secured party to the assigned party. 4. UCC Termination: This schedule is used to terminate or release a previously filed UCC Financing Statement. It indicates that the debt or obligation has been satisfied, and the lender no longer claims a security interest in the collateral. These different types of UCC Schedules provide transparency and legal protection for both lenders and borrowers involved in commercial transactions within Bexar County, Texas. By filing these schedules with the appropriate authorities, parties can ensure that their rights and interests are properly documented and protected.
