What is a UCC information statement?

"Information Statement" means a UCC record that indicates that a financing statement is inaccurate or wrongfully filed. "Filing Officer Statement" means a statement entered by the Secretary of State into the UCC information management system to correct an error made by the Secretary of State's office.

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Oregon Request for Information UCC Custom Searches

Oregon Request for Information UCC Custom Searches

Name: Oregon Request for Information UCC Custom Searches
Brand: US Legal Forms
Price: 59.00 USD
Rating: 4.83 (486 reviews)

Category:

Oregon Secretary of State - Custom Searches and Lists

State:

Oregon

Control #:

OR-SKU-1035

Format:

Instant download

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Description

Request for Information UCC Custom Searches Oregon Request for Information UCC Custom Searches is a service offered by the Oregon Secretary of State's Office that allows users to request customized searches of the Uniform Commercial Code (UCC) records. The searches are tailored to meet the individual's specific needs and can include searches for a single name, multiple names, or a variety of other criteria. The searches can be conducted online, or requested in person at the office. Types of Oregon Request for Information UCC Custom Searches include: -Single Name Search: Allows users to search for a single name in the UCC records. —Multiple Name Search: Allows users to search for multiple names in the UCC records. —Advanced Search: Allows users to search for UCC records using more specific criteria such as filing date, jurisdiction, debtor name, secured party name, and status. —Filed Document Search: Allows users to search for UCC documents that have been filed with the office. Unfilleded Document Search: Allows users to search for UCC documents that have not yet been filed with the office.

Oregon Request for Information UCC Custom Searches is a service offered by the Oregon Secretary of State's Office that allows users to request customized searches of the Uniform Commercial Code (UCC) records. The searches are tailored to meet the individual's specific needs and can include searches for a single name, multiple names, or a variety of other criteria. The searches can be conducted online, or requested in person at the office. Types of Oregon Request for Information UCC Custom Searches include: -Single Name Search: Allows users to search for a single name in the UCC records. —Multiple Name Search: Allows users to search for multiple names in the UCC records. —Advanced Search: Allows users to search for UCC records using more specific criteria such as filing date, jurisdiction, debtor name, secured party name, and status. —Filed Document Search: Allows users to search for UCC documents that have been filed with the office. Unfilleded Document Search: Allows users to search for UCC documents that have not yet been filed with the office.

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FAQ

A UCC Search is generally conducted when a lender or other business management related interest wants to know if the assets of a business are owed as a collateral for a debt. If the assets are already owed as collateral on a previous debt, it should show up in the UCC search results.

How to complete a UCC1 (Step by Step) Filer Information. Name and phone number of contact at filer. Email contact at filer.Debtor Information. Organization or individual's name. Mailing address. Secured Party Information. Organization or individual's name. Mailing address. Collateral Information. Description of collateral.

A creditor files a UCC-1 to provide notice to interested parties that he or she has a security interest in a debtor's personal property. This personal property is being used as collateral in some type of secured transaction, usually a loan or a lease.

An Example of a UCC Lien Filing If you secure equipment financing, the lender will file a UCC lien to state that if the debt for the espresso machine is not repaid, the lender has the right to repossess the espresso machine or seize other assets from your business.

"Information Statement" means a UCC record that indicates that a financing statement is inaccurate or wrongfully filed. "Filing Officer Statement" means a statement entered by the Secretary of State into the UCC information management system to correct an error made by the Secretary of State's office.

A UCC filing is a legal notice a lender files with the secretary of state when it has a security interest against property or assets. It gives public notice that the lender has an interest, or lien, against the business asset used to secure the financing.

The Uniform Commercial Code allows a creditor, typically a financial institution or lender, to notify other creditors about a debtor's assets used as collateral for a secured transaction by filing a public notice (financing statement) with a particular filing office.

It provides assurance to the secured party of the proper indexing of their UCC filing ? without which its security interest may not be properly perfected, leaving its priority position relative to other creditors in jeopardy.

More info

UCC is a set of regulations adopted to make commerce from state to state easier. While the code is the same among all states, filing rules for forms differ.UCC filing and public records search. UCC Custom Searches - Request for Information. A box is provided on the UCC-11 Information Request Form to request search results with a certified seal. UCC printable forms. Mark the "Expedited" checkbox when completing a UCC11 Information Request. Most expedited searches are processed the day they are received. Financing statements remain in the UCC Information Management System for at least one year after the statement's lapse (expiration) date. Information about UCC legislation.

Oregon Request for Information UCC Custom Searches

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