Uniform Commercial Code Contract With Bank

State:
Multi-State
Control #:
US-UCC1-AD
Format:
Word; 
PDF
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Description

This form is a UCC Financing Statement Addendum for use in documenting personal property used as collateral for a loan. Available in Word and Adobe pdf format.

How to fill out UCC1-AD Financing Statement Addendum?

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FAQ

The point of a UCC is to provide a clear and consistent set of rules governing commercial transactions. It aims to facilitate trade and to provide assurances in financial dealings. By having a uniform framework, a Uniform Commercial Code contract with banks becomes easier to understand and enforce. This standardization benefits both lenders and borrowers, making commerce more efficient.

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Copies of business formation documents are available online. To obtain copies of business formation documents access the New Mexico Secretary of State website by selecting the CORPORATIONS AND BUSINESS SERVICES link. If you have not created an account, select Create User Account.

To dissolve your New Mexico corporation you must file both the Statement of Intent to Dissolve and the Articles of Dissolution. Each one requires a $50 filing fee. Payment must be made by check or money order. You may expedite processing of your dissolution by the PRC.

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The state of New Mexico has specific dissolution documents that must be completed and filed with the state. In New Mexico, there is a required $25 filing fee, but same-day processing requires an additional $300 fee.

To make amendments to your domestic limited liability company in New Mexico, submit Form DLLC-AM, Articles of Amendment to the Articles of Organization and a duplicate copy to the New Mexico Public Regulation Commission (PRC). The form is online (see link below).

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Uniform Commercial Code Contract With Bank