Wisconsin Certificate of Secretary of Corporation as to Commercial Loan

State:
Multi-State
Control #:
US-1158BG
Format:
Word; 
Rich Text
Instant download

Description

The most important documents attached to this certificate are the certificate of good standing and the corporate or partnership resolutions authorizing the loan and designating the officers who are to execute the loan documents.

How to fill out Certificate Of Secretary Of Corporation As To Commercial Loan?

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FAQ

Use WISBUILD to register your business and identify the products or services you provide and to receive notificaiton when bids go out that allign with your registered business. To Register as a woman-owned, minority, disabled or veteran owned business do so through the Supplier Diversity Program.

How long is my filing active? A financing statement is active for five years, statutory agricultural lien for five years, Public Finance Lien is thirty years and Manufactured Home Lien is thirty years. A continuation will extend the filing for another 5-year term if filed within 6 months of expiration.

3 termination statement (a Termination) is a required filing that terminates a security interest that has been perfected by a UCC1 filing. A Termination for personal property is accomplished by completing and filing form UCC3 with the Secretary of States office in the appropriate state.

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.

A Uniform Commercial Code filing, also known as a UCC filing, is a document that lenders use to establish their legal right to assets that a borrower uses to secure a loan. This notice allows the lender to seize the borrower's collateral in the case of default.

Most Uniform Commercial Code (UCC) filings can be filed online by using our online lien system. Simply create an account and begin filing the same day. Please note that UCC-1 Transmitting Utilities can only be filed by paper.

Corporations, limited liability companies, limited liability partnerships, limited partnerships, nonprofits, and franchises MUST register with DFI . Sole proprietors and general partnerships do not have to register with DFI .

A certified copy of your Articles of Organization or Articles of Incorporation can be ordered by mail, in person, or online, but we recommend online. Normal processing takes up to 7 days, plus additional time for mailing, and costs $10.

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Wisconsin Certificate of Secretary of Corporation as to Commercial Loan