Uniform Commercial Code Online Without Registration

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

The UCC Financing Statement Addendum serves as a crucial document under the Uniform Commercial Code, allowing for the recording of security interests across personal property without requiring prior registration. This form is particularly useful for those who need to detail additional debtors or secured parties, specify collateral descriptions, and adhere to state-specific requirements. Users can complete this addendum simply by following the outlined instructions, which emphasize clarity in naming individuals or organizations without abbreviations and ensuring accurate detailing of property descriptions. Key features of the form include the ability to add additional debtors and secured parties, and the inclusion of specifics related to the nature of the collateral, such as timber or fixtures. This flexibility is beneficial for attorneys, partners, owners, associates, paralegals, and legal assistants who handle various types of transactions and need to ensure compliance with the relevant legal protocols. The document can streamline the financing process by enabling comprehensive coverage of all necessary parties and their respective interests in the collateral. Overall, it simplifies the filing process in a user-friendly manner.

How to fill out UCC1-AD Financing Statement Addendum?

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FAQ

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

(1) Except as otherwise provided in subsections (2), (5), (6), and (7), a filed financing statement is effective for a period of 5 years after the date of filing.

UCC is an abbreviation for the ?Uniform Commercial Code,? which governs the transfer of Security Interests in personal property pursuant to state law.

NOTICE: Following an opinion issued by the Indiana Attorney General, effective January 1, 2021, UCC Recording fees are $35.00 including Financing Statements, Amendments, and Information Requests regardless of page count. UCC's will receive the same instrument number format as all other recorded documents.

When a reference is to the uniform law or model code apart from its adoption and interpretation in a particular state, the citation should consist of the name of the uniform law or code (as abbreviated), section number, and the year that law or code (or major subpart) was promulgated or last amended. «e.g.» U.C.C.

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Uniform Commercial Code Online Without Registration