Equity Share Statement For Loan In Utah
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Currently, every U.S. state and the District of Columbia have individually adopted at least part of the UCC. Each jurisdiction may make its own modifications or organize it differently.
Correct filing location: File the fixture filing in the real property records of the county where the real estate is located and, if the collateral includes both personal property and fixtures, also in the central UCC filing office where the debtor is “located” (as per UCC Article 9's definition of debtor location).
In addition to filing with the state, the UCC is filed with the County office that holds the county real estate records for the property. Filings for ownership entities are made in the state where the entity is registered. Filings for individuals are made in the state in which the individual resides.
In all cases, you should file a UCC-1 with the secretary of state's office in the state where the debtor is incorporated or organized (if a business), or lives (if an individual).
Revised Article 9 states that the proper place to file a financing statement for a foreign debtor is in the District of Columbia, UNLESS the foreign jurisdiction in which that debtor is located maintains a system to perfect security interests by filing or recordation.
A copy of the IRS letter of authorization, “Notice of Acceptance as an S Corporation,” must be at- tached to the S Corporation Franchise or Income Tax Return, TC-20S, when filing for the first time. and Tax Commission Master File Maintenance 210 N 1950 W Salt Lake City, UT 84134.
Although the UCC-1 Financing Statement does not require signatures, any attachment such as the legal description or special terms and conditions may require the signature of the Debtor. A UCC-1 Financing Statement expires after five (5) years unless a continuation is recorded and/or filed.
(b) The office in which to file a financing statement to perfect a security interest in collateral, including fixtures, of a transmitting utility is the office of the Secretary of State.