UCC1 - Financing Statement Addendum - Washington - 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 Everett Washington UCC1 Financing Statement Addendum refers to a crucial document that supplements the UCC1 Financing Statement. This addendum serves to provide additional details and information related to the financing transaction by offering a more comprehensive perspective to interested parties. The UCC1 Financing Statement Addendum, specific to Everett, Washington, enhances transparency and accuracy in documenting secured transactions within the state. It allows for more detailed and explicit disclosures associated with the financing agreements and helps identify the collateral involved, providing valuable insights to potential creditors. In Everett, Washington, there are several types of UCC1 Financing Statement Addenda that can be utilized based on the nature and complexity of the transaction: 1. Collateral Description Addendum: This addendum focuses on precisely describing the collateral associated with the financing agreement. It provides specific details such as make, model, serial numbers, and any relevant identifiers. 2. Debtor Information Addendum: This addendum provides additional debtor information to further clarify the identities of those involved in the transaction. It may include additional names, addresses, or identification numbers to ensure accurate identification. 3. Amendment Addendum: In cases where amendments or modifications are made to the original UCC1 Financing Statement, an amendment addendum is utilized. This addendum documents any changes made to the initial financing statement, ensuring an up-to-date and accurate representation of the transaction. 4. Continuation Addendum: When the effectiveness of the UCC1 Financing Statement is nearing expiration, a continuation addendum is employed to extend its validity. This addendum ensures that the security interest remains active and provides a seamless continuation of the original financing statement. By utilizing these addenda, the Everett Washington UCC1 Financing Statement Addendum offers a more detailed and precise overview of secured transactions within the state. It serves as a crucial tool for interested parties, such as potential creditors or other relevant stakeholders, in understanding the specifics of a financing agreement and providing transparency in the collateral involved.The Everett Washington UCC1 Financing Statement Addendum refers to a crucial document that supplements the UCC1 Financing Statement. This addendum serves to provide additional details and information related to the financing transaction by offering a more comprehensive perspective to interested parties. The UCC1 Financing Statement Addendum, specific to Everett, Washington, enhances transparency and accuracy in documenting secured transactions within the state. It allows for more detailed and explicit disclosures associated with the financing agreements and helps identify the collateral involved, providing valuable insights to potential creditors. In Everett, Washington, there are several types of UCC1 Financing Statement Addenda that can be utilized based on the nature and complexity of the transaction: 1. Collateral Description Addendum: This addendum focuses on precisely describing the collateral associated with the financing agreement. It provides specific details such as make, model, serial numbers, and any relevant identifiers. 2. Debtor Information Addendum: This addendum provides additional debtor information to further clarify the identities of those involved in the transaction. It may include additional names, addresses, or identification numbers to ensure accurate identification. 3. Amendment Addendum: In cases where amendments or modifications are made to the original UCC1 Financing Statement, an amendment addendum is utilized. This addendum documents any changes made to the initial financing statement, ensuring an up-to-date and accurate representation of the transaction. 4. Continuation Addendum: When the effectiveness of the UCC1 Financing Statement is nearing expiration, a continuation addendum is employed to extend its validity. This addendum ensures that the security interest remains active and provides a seamless continuation of the original financing statement. By utilizing these addenda, the Everett Washington UCC1 Financing Statement Addendum offers a more detailed and precise overview of secured transactions within the state. It serves as a crucial tool for interested parties, such as potential creditors or other relevant stakeholders, in understanding the specifics of a financing agreement and providing transparency in the collateral involved.
