Travis Texas UCC Schedule

State:
Multi-State
County:
Travis
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.

Travis Texas UCC Schedule refers to a scheduling system followed in Travis County, Texas, for Uniform Commercial Code (UCC) filings. The UCC is a standardized set of rules governing commercial transactions such as secured lending and leasing. This schedule helps individuals and businesses in Travis County to manage and track UCC filings effectively. The Travis Texas UCC Schedule comprises several types of filings, including: 1. UCC Financing Statements: These are the most common filings made under the UCC. They serve as a public notice of a creditor's security interest in personal property owned by a debtor. UCC Financing Statements contain essential information about the debtor, secured party, collateral, and other pertinent details. 2. UCC Amendments: These filings are made to modify or update the information contained in an existing UCC Financing Statement. Amendments can include changes in collateral descriptions, debtor names or addresses, or secured party information. Ensuring accurate and up-to-date filings is crucial to maintaining the effectiveness and priority of a security interest. 3. UCC Continuations: A continuation filing extends the effectiveness of a UCC Financing Statement beyond its initial expiration date. It is necessary to file a continuation before the expiration to prevent the loss of priority in the collateral. 4. UCC Terminations: Once a debt is paid off, or a security interest is no longer valid, a termination filing is made to release the creditor's claim on the collateral. This filing ensures that the debtor's property is no longer encumbered by the security interest. To access the Travis Texas UCC Schedule, individuals and businesses can visit the official website of the Travis County Clerk's Office or utilize online UCC filing platforms. It is important to adhere to the specified schedule to ensure timely filings, thereby maintaining the priority and legal validity of UCC transactions. Understanding the Travis Texas UCC Schedule is essential for businesses engaged in commercial transactions, creditors, attorneys, and individuals seeking UCC-related information in Travis County. By following the prescribed schedule and filing the appropriate documents accurately, stakeholders can protect their interests in secured transactions and maintain compliance with UCC regulations.

Travis Texas UCC Schedule refers to a scheduling system followed in Travis County, Texas, for Uniform Commercial Code (UCC) filings. The UCC is a standardized set of rules governing commercial transactions such as secured lending and leasing. This schedule helps individuals and businesses in Travis County to manage and track UCC filings effectively. The Travis Texas UCC Schedule comprises several types of filings, including: 1. UCC Financing Statements: These are the most common filings made under the UCC. They serve as a public notice of a creditor's security interest in personal property owned by a debtor. UCC Financing Statements contain essential information about the debtor, secured party, collateral, and other pertinent details. 2. UCC Amendments: These filings are made to modify or update the information contained in an existing UCC Financing Statement. Amendments can include changes in collateral descriptions, debtor names or addresses, or secured party information. Ensuring accurate and up-to-date filings is crucial to maintaining the effectiveness and priority of a security interest. 3. UCC Continuations: A continuation filing extends the effectiveness of a UCC Financing Statement beyond its initial expiration date. It is necessary to file a continuation before the expiration to prevent the loss of priority in the collateral. 4. UCC Terminations: Once a debt is paid off, or a security interest is no longer valid, a termination filing is made to release the creditor's claim on the collateral. This filing ensures that the debtor's property is no longer encumbered by the security interest. To access the Travis Texas UCC Schedule, individuals and businesses can visit the official website of the Travis County Clerk's Office or utilize online UCC filing platforms. It is important to adhere to the specified schedule to ensure timely filings, thereby maintaining the priority and legal validity of UCC transactions. Understanding the Travis Texas UCC Schedule is essential for businesses engaged in commercial transactions, creditors, attorneys, and individuals seeking UCC-related information in Travis County. By following the prescribed schedule and filing the appropriate documents accurately, stakeholders can protect their interests in secured transactions and maintain compliance with UCC regulations.

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Travis Texas UCC Schedule