Harris Texas UCC Schedule

State:
Multi-State
County:
Harris
Control #:
US-UCCS197
Format:
Word; 
PDF; 
Rich Text
Instant download

Description

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.

The Harris Texas UCC Schedule, also known as the Harris County UCC Schedule, refers to a public record that provides information regarding Uniform Commercial Code (UCC) filings in Harris County, Texas. The UCC is a set of standardized laws governing commercial transactions in the United States. This schedule is maintained and updated by the Harris County Clerk's Office, ensuring transparency and accessibility to interested parties. One of the primary purposes of the Harris Texas UCC Schedule is to establish priority among conflicting claims on personal property used as collateral in secured transactions. By registering UCC filings, individuals, businesses, and lenders can protect their interests and establish a legal notice to other potential creditors. This allows lenders to assess the reliability and potential risks associated with lending money or extending credit to a particular individual or business. The Harris Texas UCC Schedule provides a comprehensive overview of various UCC filings, including financing statements, amendments, and terminations. Financing statements provide details about the debtor, secured party, and collateral involved in a transaction. Amendments are used to update or modify previously filed financing statements, while terminations indicate the release or satisfaction of a secured party's interest in collateral. It is important to note that different types of UCC filings may exist within the Harris Texas UCC Schedule, depending on the nature of the transaction. Common types of UCC filings that can be found in the schedule include: 1. UCC-1 Financing Statements: These are initial filings that establish a creditor's security interest in specific collateral owned by a debtor. They typically include information such as debtor's name, secured party's name, collateral description, and any applicable amendments. 2. UCC-3 Amendments: These filings are used to update or modify existing financing statements. Changes may include adding or removing collateral, changing debtor or secured party information, or extending the duration of the filing. 3. UCC-5 Information Statements: Information statements are used to provide additional information related to a previously filed financing statement. They can include information about judgment liens, supporting obligations, or consignments. 4. UCC-3 Assignments: Assignments occur when a secured party transfers all or part of their interest in a secured transaction to another party. These filings update the schedule to reflect the new secured party. 5. UCC-3 Continuations: Continuations are used to extend the duration of a financing statement beyond its initial expiration date. These filings ensure that the secured party's interest remains valid and enforceable. 6. UCC-3 Terminations: Terminations indicate the release or satisfaction of a secured party's interest in collateral. These filings remove the collateral from the schedule and indicate that the debt has been settled or the security interest has been released. By accessing the Harris Texas UCC Schedule, interested parties can search for specific UCC filings, review the details of transactions, assess potential risks, establish priority, and make informed decisions based on the information available. It acts as a valuable resource for lenders, borrowers, buyers, and other parties involved in commercial transactions in Harris County, Texas.

The Harris Texas UCC Schedule, also known as the Harris County UCC Schedule, refers to a public record that provides information regarding Uniform Commercial Code (UCC) filings in Harris County, Texas. The UCC is a set of standardized laws governing commercial transactions in the United States. This schedule is maintained and updated by the Harris County Clerk's Office, ensuring transparency and accessibility to interested parties. One of the primary purposes of the Harris Texas UCC Schedule is to establish priority among conflicting claims on personal property used as collateral in secured transactions. By registering UCC filings, individuals, businesses, and lenders can protect their interests and establish a legal notice to other potential creditors. This allows lenders to assess the reliability and potential risks associated with lending money or extending credit to a particular individual or business. The Harris Texas UCC Schedule provides a comprehensive overview of various UCC filings, including financing statements, amendments, and terminations. Financing statements provide details about the debtor, secured party, and collateral involved in a transaction. Amendments are used to update or modify previously filed financing statements, while terminations indicate the release or satisfaction of a secured party's interest in collateral. It is important to note that different types of UCC filings may exist within the Harris Texas UCC Schedule, depending on the nature of the transaction. Common types of UCC filings that can be found in the schedule include: 1. UCC-1 Financing Statements: These are initial filings that establish a creditor's security interest in specific collateral owned by a debtor. They typically include information such as debtor's name, secured party's name, collateral description, and any applicable amendments. 2. UCC-3 Amendments: These filings are used to update or modify existing financing statements. Changes may include adding or removing collateral, changing debtor or secured party information, or extending the duration of the filing. 3. UCC-5 Information Statements: Information statements are used to provide additional information related to a previously filed financing statement. They can include information about judgment liens, supporting obligations, or consignments. 4. UCC-3 Assignments: Assignments occur when a secured party transfers all or part of their interest in a secured transaction to another party. These filings update the schedule to reflect the new secured party. 5. UCC-3 Continuations: Continuations are used to extend the duration of a financing statement beyond its initial expiration date. These filings ensure that the secured party's interest remains valid and enforceable. 6. UCC-3 Terminations: Terminations indicate the release or satisfaction of a secured party's interest in collateral. These filings remove the collateral from the schedule and indicate that the debt has been settled or the security interest has been released. By accessing the Harris Texas UCC Schedule, interested parties can search for specific UCC filings, review the details of transactions, assess potential risks, establish priority, and make informed decisions based on the information available. It acts as a valuable resource for lenders, borrowers, buyers, and other parties involved in commercial transactions in Harris County, Texas.

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Harris Texas UCC Schedule