This form is a UCC financing statement amendment for use in recording security interests in personal property. Use to amend an existing recorded lien.
Bellevue Washington UCC3 Financing Statement Amendment is a legal document filed in the state of Washington to modify or update information on an existing UCC (Uniform Commercial Code) financing statement. UCC3 amendments are crucial for ensuring accurate and current information regarding security interests in personal property. Bellevue, Washington, which is located in King County, follows the UCC guidelines established by the Secretary of State's office. UCC3 Financing Statement Amendments can be filed electronically or via mail, and the Secretary of State's office maintains an online database where these filings can be searched and reviewed. There are various types of Bellevue Washington UCC3 Financing Statement Amendments, namely: 1. Continuation Amendment: This type of amendment extends the effectiveness of a financing statement beyond its original expiration date. Typically, financing statements are effective for a certain period, often five years, after which they need to be continued through a continuation amendment. 2. Termination Amendment: A termination amendment is filed when the debtor's obligation to the secured party has been fulfilled or when the security interest is no longer valid. It terminates the effectiveness of the financing statement and removes it from the public record. 3. Assignment Amendment: When there is a transfer of rights or an assignment of the security interest from one secured party to another, an assignment amendment is filed. This update reflects the change in the secured party's information as well. 4. Amendment Adding Collateral or Debtor Information: This type of amendment is filed to add additional collateral, amend debtor information, or modify any other pertinent details while keeping the existing financing statement active. It is important to note that Bellevue Washington UCC3 Financing Statement Amendments require specific information, such as the initial financing statement file number, the names and addresses of the debtor and secured party, a description of the collateral, and any changes being made. These amendments must be filed accurately and in compliance with the UCC requirements to maintain the integrity of the public record. By frequently reviewing and updating UCC3 Financing Statement Amendments, businesses and individuals can ensure that their security interests are properly documented, maintained, and protected in Bellevue, Washington.Bellevue Washington UCC3 Financing Statement Amendment is a legal document filed in the state of Washington to modify or update information on an existing UCC (Uniform Commercial Code) financing statement. UCC3 amendments are crucial for ensuring accurate and current information regarding security interests in personal property. Bellevue, Washington, which is located in King County, follows the UCC guidelines established by the Secretary of State's office. UCC3 Financing Statement Amendments can be filed electronically or via mail, and the Secretary of State's office maintains an online database where these filings can be searched and reviewed. There are various types of Bellevue Washington UCC3 Financing Statement Amendments, namely: 1. Continuation Amendment: This type of amendment extends the effectiveness of a financing statement beyond its original expiration date. Typically, financing statements are effective for a certain period, often five years, after which they need to be continued through a continuation amendment. 2. Termination Amendment: A termination amendment is filed when the debtor's obligation to the secured party has been fulfilled or when the security interest is no longer valid. It terminates the effectiveness of the financing statement and removes it from the public record. 3. Assignment Amendment: When there is a transfer of rights or an assignment of the security interest from one secured party to another, an assignment amendment is filed. This update reflects the change in the secured party's information as well. 4. Amendment Adding Collateral or Debtor Information: This type of amendment is filed to add additional collateral, amend debtor information, or modify any other pertinent details while keeping the existing financing statement active. It is important to note that Bellevue Washington UCC3 Financing Statement Amendments require specific information, such as the initial financing statement file number, the names and addresses of the debtor and secured party, a description of the collateral, and any changes being made. These amendments must be filed accurately and in compliance with the UCC requirements to maintain the integrity of the public record. By frequently reviewing and updating UCC3 Financing Statement Amendments, businesses and individuals can ensure that their security interests are properly documented, maintained, and protected in Bellevue, Washington.