Salt Lake Utah UCC1 Financing Statement Addendum

State:
Utah
County:
Salt Lake
Control #:
UT-UCC1-A
Format:
PDF
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Description

UCC1 - Financing Statement Addendum - Utah - For use after July 1, 2001. This form permits you to add an additional debtor if necessary to cover collateral as specified in the statement.

The Salt Lake Utah UCC1 Financing Statement Addendum is a crucial legal document filed in the state of Utah to provide additional information regarding a UCC1 Financing Statement. This addendum serves as an extension to the original statement, providing extra details about the secured collateral or parties involved in a financial transaction. The purpose of the Salt Lake Utah UCC1 Financing Statement Addendum is to ensure transparency and clarity in documenting any changes, amendments, or additions to the initial filing. Keywords: Salt Lake Utah, UCC1 Financing Statement Addendum, UCC1 Financing Statement, legal document, additional information, secured collateral, parties, financial transaction, changes, amendments, additions. Different types of Salt Lake Utah UCC1 Financing Statement Addendum: 1. Amendment Addendum: This type of addendum is used when there are modifications, corrections, or adjustments made to the original UCC1 Financing Statement filed in Salt Lake Utah. It clarifies any changes to the collateral description, debtor information, or other crucial details related to the financial transaction. 2. Attachment Addendum: An attachment addendum is filed when there is a need to include additional documents or records to support the UCC1 Financing Statement. These attachments may include contracts, loan agreements, security agreements, or any other relevant paperwork that substantiates the transaction or secures the collateral. 3. Continuation Addendum: This addendum is filed to extend the effectiveness of the original UCC1 Financing Statement, ensuring that the claim on collateral remains valid beyond its initial expiration date. The continuation addendum must be filed within a specific timeframe to maintain the security interest. 4. Termination Addendum: A termination addendum is filed when the financial transaction or security interest documented in the original UCC1 Financing Statement comes to an end. This addendum formally declares the termination of the claim on collateral and releases any secured party's interest in the identified assets. 5. Partial Release Addendum: A partial release addendum is applicable when only a portion of the collateral identified in the original UCC1 Financing Statement is released. It serves to document the release of a specific asset or assets while maintaining the lien or security interest on remaining collateral. Keywords: Amendment Addendum, Attachment Addendum, Continuation Addendum, Termination Addendum, Partial Release Addendum, filed, modifications, corrections, adjustments, collateral description, debtor information, effectiveness, expiration date, security interest, termination, release, lien.

The Salt Lake Utah UCC1 Financing Statement Addendum is a crucial legal document filed in the state of Utah to provide additional information regarding a UCC1 Financing Statement. This addendum serves as an extension to the original statement, providing extra details about the secured collateral or parties involved in a financial transaction. The purpose of the Salt Lake Utah UCC1 Financing Statement Addendum is to ensure transparency and clarity in documenting any changes, amendments, or additions to the initial filing. Keywords: Salt Lake Utah, UCC1 Financing Statement Addendum, UCC1 Financing Statement, legal document, additional information, secured collateral, parties, financial transaction, changes, amendments, additions. Different types of Salt Lake Utah UCC1 Financing Statement Addendum: 1. Amendment Addendum: This type of addendum is used when there are modifications, corrections, or adjustments made to the original UCC1 Financing Statement filed in Salt Lake Utah. It clarifies any changes to the collateral description, debtor information, or other crucial details related to the financial transaction. 2. Attachment Addendum: An attachment addendum is filed when there is a need to include additional documents or records to support the UCC1 Financing Statement. These attachments may include contracts, loan agreements, security agreements, or any other relevant paperwork that substantiates the transaction or secures the collateral. 3. Continuation Addendum: This addendum is filed to extend the effectiveness of the original UCC1 Financing Statement, ensuring that the claim on collateral remains valid beyond its initial expiration date. The continuation addendum must be filed within a specific timeframe to maintain the security interest. 4. Termination Addendum: A termination addendum is filed when the financial transaction or security interest documented in the original UCC1 Financing Statement comes to an end. This addendum formally declares the termination of the claim on collateral and releases any secured party's interest in the identified assets. 5. Partial Release Addendum: A partial release addendum is applicable when only a portion of the collateral identified in the original UCC1 Financing Statement is released. It serves to document the release of a specific asset or assets while maintaining the lien or security interest on remaining collateral. Keywords: Amendment Addendum, Attachment Addendum, Continuation Addendum, Termination Addendum, Partial Release Addendum, filed, modifications, corrections, adjustments, collateral description, debtor information, effectiveness, expiration date, security interest, termination, release, lien.

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Salt Lake Utah UCC1 Financing Statement Addendum