UCC1 - Financing Statement Addendum - Wisconsin - 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 Green Bay Wisconsin UCC1 Financing Statement Addendum is a legal document that complements the UCC1 Financing Statement in the state of Wisconsin, specifically in the city of Green Bay. This addendum serves to provide additional information or make amendments to the original UCC1 financing statement. It includes relevant keywords such as legal document, UCC1 financing statement, Green Bay Wisconsin, addendum, amendments, and information. There are several types of Green Bay Wisconsin UCC1 Financing Statement Addendum, tailored to specific situations and requirements. These may include: 1. Amendment Addendum: This type of addendum is used when there is a need to make changes or corrections to the original UCC1 financing statement. It can involve updating debtor information, adding or removing collateral, or modifying the initial financing statement in any other way. The Amendment Addendum ensures that the UCC1 financing statement remains accurate and up to date. 2. Continuation Addendum: When the initial UCC1 financing statement is approaching its expiration, the Continuation Addendum is used to extend its effectiveness. This addendum essentially prolongs the term of the original financing statement, allowing the secured party's interest in the collateral to remain legally protected. It is typically filed before the expiration date to prevent lapses. 3. Termination Addendum: In cases where the secured debt has been fully repaid or the debtor's obligations have been fulfilled, the Termination Addendum is utilized to officially terminate the UCC1 financing statement. This addendum provides a clear record of the complete discharge of the secured debt and removes any encumbrances on the collateral, indicating that the initial financing statement is no longer valid. 4. Assignment Addendum: If the secured party wishes to transfer or assign their interest in the collateral to another party, the Assignment Addendum is employed. This addendum facilitates the legal transfer of rights, ensuring that the new party becomes the secured party and assumes the associated obligations stated in the UCC1 financing statement. It is important to consult with legal professionals or authorities to determine the specific type of Green Bay Wisconsin UCC1 Financing Statement Addendum required for a particular situation. These addendums maintain the accuracy, validity, and comprehensiveness of the original UCC1 financing statement, providing necessary updates and amendments as needed.The Green Bay Wisconsin UCC1 Financing Statement Addendum is a legal document that complements the UCC1 Financing Statement in the state of Wisconsin, specifically in the city of Green Bay. This addendum serves to provide additional information or make amendments to the original UCC1 financing statement. It includes relevant keywords such as legal document, UCC1 financing statement, Green Bay Wisconsin, addendum, amendments, and information. There are several types of Green Bay Wisconsin UCC1 Financing Statement Addendum, tailored to specific situations and requirements. These may include: 1. Amendment Addendum: This type of addendum is used when there is a need to make changes or corrections to the original UCC1 financing statement. It can involve updating debtor information, adding or removing collateral, or modifying the initial financing statement in any other way. The Amendment Addendum ensures that the UCC1 financing statement remains accurate and up to date. 2. Continuation Addendum: When the initial UCC1 financing statement is approaching its expiration, the Continuation Addendum is used to extend its effectiveness. This addendum essentially prolongs the term of the original financing statement, allowing the secured party's interest in the collateral to remain legally protected. It is typically filed before the expiration date to prevent lapses. 3. Termination Addendum: In cases where the secured debt has been fully repaid or the debtor's obligations have been fulfilled, the Termination Addendum is utilized to officially terminate the UCC1 financing statement. This addendum provides a clear record of the complete discharge of the secured debt and removes any encumbrances on the collateral, indicating that the initial financing statement is no longer valid. 4. Assignment Addendum: If the secured party wishes to transfer or assign their interest in the collateral to another party, the Assignment Addendum is employed. This addendum facilitates the legal transfer of rights, ensuring that the new party becomes the secured party and assumes the associated obligations stated in the UCC1 financing statement. It is important to consult with legal professionals or authorities to determine the specific type of Green Bay Wisconsin UCC1 Financing Statement Addendum required for a particular situation. These addendums maintain the accuracy, validity, and comprehensiveness of the original UCC1 financing statement, providing necessary updates and amendments as needed.
