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If a Financing Statement is filed as a fixture filing or if the collateral consists of timber to be cut or as-extracted minerals then the filing is to be filed in the county recorders office in the county where the collateral is located.
FAQ Identify the parties involved. Make sure you have the full name and address of the debtor, the secured party, and any other parties involved. Fill out the UCC-1 form. This form includes information about the parties, the collateral involved, and other details. Sign and date the form. ... File the form.
And when it comes to UCC filings in the state of Illinois, CT's convenient filing approach means you can file online or let us handle all your Illinois UCC filings for you including Illinois UCC-1s, UCC-3s and UCC Article 9.
The Uniform Commercial Code (UCC) is a set of regulations adopted to make commerce from state to state easier.
Legal requirements for the UCC-1 In order for a UCC-1 to hold weight in a legal proceeding, it must include the exact legal name of the debtor, the collateral included in the lien and the name of the secured party.