UCC1 - Financing Statement Addendum - Georgia - For use after July 1, 2001. This form permits you to add an additional debtor if necessary to cover collateral as specified in the statement.
The Sandy Springs Georgia UCC1 Financing Statement Addendum is a legal document that provides additional information or specifics to a UCC1 Financing Statement in the context of Sandy Springs, Georgia. This addendum serves to expand and clarify the original UCC1 Financing Statement filed by a secured party. Keywords: Sandy Springs Georgia, UCC1 Financing Statement Addendum, legal document, additional information, specifics, UCC1 Financing Statement, secured party. There are several types of Sandy Springs Georgia UCC1 Financing Statement Addendums, each designed to address specific circumstances: 1. Amendment Addendum: This type of addendum is used when there is a need to modify or change certain details in the original UCC1 Financing Statement. It can include updates to debtor information, collateral descriptions, and any other necessary changes. 2. Collateral Description Addendum: This addendum provides a detailed description of the collateral being pledged as security in the UCC1 Financing Statement. It includes information such as the type of property, its location, and any relevant identifiers (e.g., serial numbers or VIN). 3. Debtor Information Addendum: When there is a need to provide additional details about the debtor, this addendum is used. It may include the debtor's full legal name, address, contact information, or any other pertinent details, ensuring accurate identification. 4. Secured Party Information Addendum: This addendum is utilized when there is a requirement to include additional information about the secured party. It may include the secured party's name, address, contact details, and any other relevant identifiers necessary for proper identification. 5. Continuation Addendum: This addendum is utilized when the secured party seeks to extend the effectiveness of the UCC1 Financing Statement beyond its initial filing period, typically five years. It ensures that the security interest remains valid and enforceable. These various types of Sandy Springs Georgia UCC1 Financing Statement Addendums allow for flexibility and specificity in providing essential information, ensuring transparency and clarity in the UCC1 filing process. It is crucial to consult with legal professionals to determine the suitable addendum(s) required based on individual circumstances.
