Loading
Get Form Ucc1 - Ucc Financing Statement
How it works
-
Open form follow the instructions
-
Easily sign the form with your finger
-
Send filled & signed form or save
How to fill out the Form UCC1 - UCC Financing Statement online
Completing the Form UCC1, also known as the UCC Financing Statement, is an important process for lawfully establishing a security interest in collateral. This guide will provide clear, step-by-step instructions to help you successfully fill out the form online.
Follow the steps to complete the UCC Financing Statement effortlessly.
- Press the ‘Get Form’ button to access the form and open it in your chosen editor.
- Begin by entering the Debtor's name in item 1. Ensure that you are using the exact name as per statutory guidance, including either the organization’s name (1a) or the individual’s name (1b). If the individual’s name exceeds the character limit, leave item 1 blank and utilize the Financing Statement Addendum (Form UCC1Ad) for the complete name.
- For item 1a, if the Debtor is an organization, input the official name including any necessary corporate designations. If it is an individual in item 1b, write their surname, first name, and any additional name(s) as required.
- Enter the mailing address of the Debtor in item 1c, ensuring it is complete and correct.
- If there are additional Debtors, complete item 2 in the same manner as item 1. Make sure to determine and format the names as instructed.
- In item 3, provide the name and mailing address of the Secured Party. If there are multiple Secured Parties, be prepared to attach additional forms as necessary.
- Specify the collateral in item 4. If the description is too lengthy, continue on the addendum or attach additional pages, clearly referencing them.
- If applicable, check the box in item 5 if the collateral is held in a trust or administered by a decedent’s personal representative.
- Indicate any special circumstances in item 6, such as if the financing statement relates to a Public-Finance Transaction or involves an Agricultural Lien.
- Complete any optional fields, such as Alternative Designation in item 7 and Optional Filer Reference Data in item 8, if desired.
- Once all sections are complete, review the form carefully for accuracy. You must save your changes, and you have the option to download, print, or share the finished form as needed.
Start completing your UCC Financing Statement online today.
Key Takeaways. A security agreement is a document that provides a lender a security interest in a specified asset or property that is pledged as collateral. Security agreements often contain covenants that outline provisions for the advancement of funds, a repayment schedule, or insurance requirements.
Industry-leading security and compliance
US Legal Forms protects your data by complying with industry-specific security standards.
-
In businnes since 199725+ years providing professional legal documents.
-
Accredited businessGuarantees that a business meets BBB accreditation standards in the US and Canada.
-
Secured by BraintreeValidated Level 1 PCI DSS compliant payment gateway that accepts most major credit and debit card brands from across the globe.