Mi Sos Ucc Search With Lien

State:
Michigan
Control #:
MI-UCC1
Format:
PDF
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Description

UCC1 - Financing Statement - Michigan - For use after July 1, 2001. This form is a financing statement used to cover certain collateral as specified in the form. This Financing Statement complies will all applicable state laws.

How to fill out Michigan UCC1 Financing Statement?

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FAQ

Ask the lender to terminate the lien upon payoff. A good rule of thumb is to request that your lender file a UCC-3 form with your secretary of state as soon as possible after you pay off your loan. The UCC-3 will terminate the lien on your company's assets (or assets) and remove the UCC-1 filing.

?UCC? stands for Uniform Commercial Code. The Uniform Commercial Code is a uniform law that governs commercial transactions, including sales of goods, secured transactions and negotiable instruments. The Uniform Commercial Code is a comprehensive set of statutes created to provide consistency among the states.

Ask the lender to terminate the lien upon payoff. A good rule of thumb is to request that your lender file a UCC-3 form with your secretary of state as soon as possible after you pay off your loan. The UCC-3 will terminate the lien on your company's assets (or assets) and remove the UCC-1 filing.

The Uniform Commercial Code (UCC) online service for customers filing financial statements and liens through the Secretary of State.

The Uniform Commercial Code (UCC) Online Service is available 24 hours a day for the filing and searching of financing statements, federal tax liens, state tax liens and unemployment liens.

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Mi Sos Ucc Search With Lien