Mi Sos Ucc Search For Connecticut
Description
How to fill out Michigan UCC1 Financing Statement?
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FAQ
The Uniform Commercial Code (UCC) online service for customers filing financial statements and liens through the Secretary of State.
An Example of a UCC Lien Filing If you secure equipment financing, the lender will file a UCC lien to state that if the debt for the espresso machine is not repaid, the lender has the right to repossess the espresso machine or seize other assets from your business.
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.
The Uniform Commercial Code, or UCC, is a set of laws designed to make transactions secure and legal within the United States and would regulate any commercial transaction your business makes in Connecticut.
Fill in the debtor's name and mailing address. It may be an individual, or it may be in the name of a business or organization. If the loan is in the name of the business, include the business mailing address. There is space for additional debtors. Include them exactly as they appeared on the loan agreement.