UCC3 - Financing Statement Amendment - Utah - For use after July 1, 2001. This amendment is to be filed in the real estate records. This Financing Statement complies with all applicable state statutes.
Salt Lake City, Utah UCC3 Financing Statement Amendment is a legal document filed under the Uniform Commercial Code (UCC) to make changes or amendments to an existing UCC3 Financing Statement in the state of Utah. This statement is relevant for businesses engaging in secured transactions or providing financial services to ensure accuracy and completeness of the UCC3 filing. In Salt Lake City, Utah, there are various types of UCC3 Financing Statement Amendments that individuals or businesses might encounter. Some of them include: 1. Partial Amendment: A partial amendment to a UCC3 Financing Statement allows for changes in specific aspects of the original filing, such as the debtor's information, collateral descriptions, or the secured party's name or address. This amendment is used when only certain details of the original filing require modification. 2. Full Amendment: A full amendment involves entirely replacing or updating an existing UCC3 Financing Statement. It is used when comprehensive changes are needed, such as altering the debtor's name, adding additional collateral, substituting the secured party, or revising the original filing in its entirety. 3. Termination Amendment: A termination amendment is filed when the secured party no longer has an interest in the collateral or when the debt has been fully satisfied. This amendment removes the UCC3 Financing Statement from the public record, indicating that the security interest has been released. 4. Continuation Amendment: A continuation amendment extends the effectiveness of a UCC3 Financing Statement beyond the initial filing period. In Utah, the UCC3 Financing Statement is effective for five years, and a continuation amendment must be filed if the secured party wants to maintain priority over the secured collateral. 5. Assignment Amendment: An assignment amendment involves transferring or assigning a security interest from one secured party to another. This type of amendment is filed when a secured party wishes to transfer their rights or interest to a different party. When preparing a Salt Lake City, Utah UCC3 Financing Statement Amendment, it is vital to include specific keywords related to UCC3 filings, secured transactions, Utah UCC laws, collateral descriptions, debtor and secured party information, and document filing requirements. It is crucial to consult with a qualified attorney or legal professional while preparing and filing any UCC3 Financing Statement Amendment to ensure compliance with the relevant regulations and to avoid any potential legal issues.Salt Lake City, Utah UCC3 Financing Statement Amendment is a legal document filed under the Uniform Commercial Code (UCC) to make changes or amendments to an existing UCC3 Financing Statement in the state of Utah. This statement is relevant for businesses engaging in secured transactions or providing financial services to ensure accuracy and completeness of the UCC3 filing. In Salt Lake City, Utah, there are various types of UCC3 Financing Statement Amendments that individuals or businesses might encounter. Some of them include: 1. Partial Amendment: A partial amendment to a UCC3 Financing Statement allows for changes in specific aspects of the original filing, such as the debtor's information, collateral descriptions, or the secured party's name or address. This amendment is used when only certain details of the original filing require modification. 2. Full Amendment: A full amendment involves entirely replacing or updating an existing UCC3 Financing Statement. It is used when comprehensive changes are needed, such as altering the debtor's name, adding additional collateral, substituting the secured party, or revising the original filing in its entirety. 3. Termination Amendment: A termination amendment is filed when the secured party no longer has an interest in the collateral or when the debt has been fully satisfied. This amendment removes the UCC3 Financing Statement from the public record, indicating that the security interest has been released. 4. Continuation Amendment: A continuation amendment extends the effectiveness of a UCC3 Financing Statement beyond the initial filing period. In Utah, the UCC3 Financing Statement is effective for five years, and a continuation amendment must be filed if the secured party wants to maintain priority over the secured collateral. 5. Assignment Amendment: An assignment amendment involves transferring or assigning a security interest from one secured party to another. This type of amendment is filed when a secured party wishes to transfer their rights or interest to a different party. When preparing a Salt Lake City, Utah UCC3 Financing Statement Amendment, it is vital to include specific keywords related to UCC3 filings, secured transactions, Utah UCC laws, collateral descriptions, debtor and secured party information, and document filing requirements. It is crucial to consult with a qualified attorney or legal professional while preparing and filing any UCC3 Financing Statement Amendment to ensure compliance with the relevant regulations and to avoid any potential legal issues.
