This form is a UCC financing statement addendum to amendment for use in recording security interests in personal property. Use to add an addendum to an existing recorded lien.
Green Bay, Wisconsin UCC3 Financing Statement Amendment Addendum is a legal document used to modify, update, or correct information related to the UCC3 Financing Statement. This addendum serves as an attachment to the original UCC3 form and ensures that any changes made to the statement are officially recorded. The purpose of the Green Bay, Wisconsin UCC3 Financing Statement Amendment Addendum is to provide clarity and transparency regarding any amendments made to the original financing statement. It helps in preventing any misrepresentations or misunderstandings that may occur due to outdated or incorrect information, ensuring the accuracy of the records. In Green Bay, Wisconsin, there are two primary types of UCC3 Financing Statement Amendment Addenda that can be filed: 1. Corrective Amendment Addendum: This type of addendum is used to rectify any errors or inaccuracies found in the original financing statement. It allows the filer to update incorrect debtor information, amend collateral details, or make any necessary changes to ensure the accuracy of the filed statement. 2. Continuation Amendment Addendum: This addendum is filed to extend the original financing statement beyond its expiration date. By submitting the continuation amendment, the secured party ensures that their security interest remains perfected and enforceable, providing them with continued priority over any other conflicting claims. In summary, the Green Bay, Wisconsin UCC3 Financing Statement Amendment Addendum is a crucial legal document that allows for modifications, corrections, and extensions of the UCC3 Financing Statement. By filing the appropriate type of addendum, individuals and businesses can maintain accurate records and protect their security interests in accordance with the Uniform Commercial Code.Green Bay, Wisconsin UCC3 Financing Statement Amendment Addendum is a legal document used to modify, update, or correct information related to the UCC3 Financing Statement. This addendum serves as an attachment to the original UCC3 form and ensures that any changes made to the statement are officially recorded. The purpose of the Green Bay, Wisconsin UCC3 Financing Statement Amendment Addendum is to provide clarity and transparency regarding any amendments made to the original financing statement. It helps in preventing any misrepresentations or misunderstandings that may occur due to outdated or incorrect information, ensuring the accuracy of the records. In Green Bay, Wisconsin, there are two primary types of UCC3 Financing Statement Amendment Addenda that can be filed: 1. Corrective Amendment Addendum: This type of addendum is used to rectify any errors or inaccuracies found in the original financing statement. It allows the filer to update incorrect debtor information, amend collateral details, or make any necessary changes to ensure the accuracy of the filed statement. 2. Continuation Amendment Addendum: This addendum is filed to extend the original financing statement beyond its expiration date. By submitting the continuation amendment, the secured party ensures that their security interest remains perfected and enforceable, providing them with continued priority over any other conflicting claims. In summary, the Green Bay, Wisconsin UCC3 Financing Statement Amendment Addendum is a crucial legal document that allows for modifications, corrections, and extensions of the UCC3 Financing Statement. By filing the appropriate type of addendum, individuals and businesses can maintain accurate records and protect their security interests in accordance with the Uniform Commercial Code.