UCC3 - Financing Statement Amendment - Ohio - For use after July 1, 2001. This amendment is to be filed in the real estate records. This Financing Statement complies with all applicable state statutes.
Ohio UCC3 Financing Statement Amendment
Category:
State:
Ohio
Control #:
OH-UCC3
Format:
Word;
PDF;
Rich Text
Instant download
This website is not affiliated with any governmental entity
Public form
Description
How to fill out Ohio UCC3 Financing Statement Amendment?
When it comes to completing Ohio UCC3 Financing Statement Amendment, you most likely imagine an extensive process that consists of getting a perfect sample among hundreds of very similar ones and then being forced to pay out legal counsel to fill it out for you. In general, that’s a slow and expensive choice. Use US Legal Forms and choose the state-specific form in just clicks.
In case you have a subscription, just log in and click on Download button to have the Ohio UCC3 Financing Statement Amendment template.
In the event you don’t have an account yet but need one, follow the point-by-point guideline below:
- Make sure the file you’re saving is valid in your state (or the state it’s required in).
- Do so by reading through the form’s description and by clicking the Preview function (if readily available) to see the form’s information.
- Click on Buy Now button.
- Find the suitable plan for your financial budget.
- Subscribe to an account and choose how you would like to pay: by PayPal or by credit card.
- Download the document in .pdf or .docx file format.
- Get the document on the device or in your My Forms folder.
Skilled attorneys draw up our samples so that after downloading, you don't have to bother about editing and enhancing content material outside of your individual info or your business’s info. Sign up for US Legal Forms and get your Ohio UCC3 Financing Statement Amendment sample now.
Form popularity
FAQ
To assign (1) some or all of Assignor's right to amend the identified financing statement, or (2) the Assignor's right to amend the identified financing statement with respect to some (but not all) of the collateral covered by the identified financing statement: Check box in item 3 and enter name of Assignee in item 7a
Enter your information. The type of information you can use to search UCC filings varies among states. Retrieve your results. The website will return results based on the information you entered. Record financial statement numbers.
Rules vary by State around releasing a UCC lien after a borrower satisfied the debt. Primarily there are two main ways to remove them. One way is by having the lender file a UCC-3 Financing Statement Amendment. Another way to remove a UCC filing is by swearing an oath of full payment at the secretary of state office.
A UCC-3 termination statement (a Termination) is a required filing that terminates a security interest that has been perfected by a UCC-1 filing. 1. A Termination for personal property is accomplished by completing and filing form UCC-3 with the Secretary of State's office in the appropriate state.
A UCC1 financing statement is effective for a period of five years. A record that is not continued before its lapse date will cease to be effective, costing the secured party their perfected status and perhaps their priority position to collect. Once a financing statement has lapsed, it cannot be revived.
If you ever find yourself in that frustrating situation the answer is: Yes, you can, providing there is no existing obligation to the lender. This is provided for in Section 9-513 of the Uniform Commercial Code.
When the debtor has satisfied all amounts owed to the lender, a UCC-3 termination statement (now called a UCC termination statement) is routinely filed to terminate the security interest perfected by the UCC-1 financing statement.
After receiving your request, the lender has 20 days to terminate the UCC filing.
Also known as a UCC-3, and, depending on the context, a UCC-3 financing statement amendment, a UCC-3 termination statement, and a UCC-3 continuation statement. Under the Uniform Commercial Code, a UCC-3 is used to continue, assign, terminate, or amend an existing UCC-1 financing statement (UCC-1).