Kansas City Missouri UCC1 Financing Statement Addendum

State:
Missouri
City:
Kansas City
Control #:
MO-UCC1-A
Format:
PDF
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Description

This form is a UCC financing statement addendum for use in recording a security interest in personal property. Use to add an addendum to the UCC1 form.

How to fill out Missouri UCC1 Financing Statement Addendum?

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FAQ

To do so you will generally need to make a trip in person down to your secretary of state's office. Once there, you will be able to swear under oath that you've satisfied the debt in full and wish to request for the UCC-1 filing to be removed.

About the UCC Division These financing statements are effective for five years and may be continued for an additional five years. Information on these filings, either by a listing or copies, is provided to any requesting party.

You should file a UCC-1 Financing Statement with the secretary of state's office in the state where the debtor is incorporated or located. If the collateral is real property, then you should also file a UCC-1 with the county recorder's office in the county where the debtor's real property is located.

How do I get rid of a UCC filing? You can remove a UCC filing when you've repaid your business loan in full. Once you repay the debt, the lender should remove the lien from your business assets. If not, you may request that the lender files a UCC-3 to terminate the lien.

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.

When is a UCC-1 filed? UCC-1 filings typically happen when a loan is first originated. If the borrower has loans from more than one lender, the first lender to file the UCC-1 is first in line for the borrower's assets. This motivates lenders to file a UCC-1 as soon as a loan is made.

Form UCC3 is used to amend (make changes to) a UCC1 filing. The required information is: An acknowledgement name and address. (Recommended for return copy of the filing.)

UCC Fee Schedule The fee for filing on initial financing statement, amendment, assignment, continuation and termination by paper is $17.00 plus $1.00 per page. Search requests are $27.00 plus $1.00 per page for copies. Electronic Online filings are $10.00 per filing.

The Uniform Commercial Code (UCC) for the State of Missouri was substantially revised with the passage of Revised Article 9. The Code applies to all transactions which are intended to create a security interest in personal property or fixtures located in Missouri.

Steps to Filing a Request to Modify a License in ULS Log in to ULS Online Filing with your FCC Registration Number (FRN) and password.Towards the bottom left of the screen, Enter the call sign of the license you want to modify and click Go. On the top right of the screen, Click Update under Work on This License.

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Kansas City Missouri UCC1 Financing Statement Addendum