Certificate of Satisfaction of Discharge of Grain Producers Lien form for use for reporting with Oregon filing office.
Gresham Oregon UCC GL-2 Certificate of Satisfaction of Discharge of Grain Producers Lien is a vital document used in the state of Oregon to officially release or discharge a grain producer's lien on specific agricultural products. This certificate serves as confirmation that the lien against the mentioned agricultural goods has been fully satisfied and no longer holds any legal claim. The Gresham Oregon UCC GL-2 Certificate of Satisfaction of Discharge of Grain Producers Lien plays a crucial role in facilitating smooth business transactions within the grain industry. By providing proof of lien satisfaction, it ensures that the agricultural products can be freely transferred, sold, or utilized as per the grain producer's requirements without any encumbrances. Key information contained within the Certificate of Satisfaction of Discharge of Grain Producers Lien includes: 1. Identification details: The certificate specifies the names and contact information of both the grain producer (lien holder) and the party against whom the lien was held (the debtor). 2. Lien details: It includes a detailed description of the agricultural products that were subject to the grain producer's lien, such as grain type, quantity, and any other relevant specifics. 3. Satisfaction of lien: The certificate explicitly states that the lien has been satisfied and discharged, releasing any claim or legal hold over the mentioned agricultural goods. 4. Date and signature: It contains the date of satisfaction and relevant signatures from the grain producer, debtor, and any required witnesses or notaries. Different types of Gresham Oregon UCC GL-2 Certificate of Satisfaction of Discharge of Grain Producers Lien may include variations based on the specifics of the lien itself. This could involve different agricultural products or multiple liens being discharged simultaneously. However, the core purpose remains the same for all variations — to certify the completion of lien satisfaction and discharge the claim on the agricultural products. In conclusion, the Gresham Oregon UCC GL-2 Certificate of Satisfaction of Discharge of Grain Producers Lien is an essential legal document that releases and confirms the satisfaction of a grain producer's lien on agricultural goods. This certificate ensures transparency, facilitates efficient business transactions, and protects the rights of all parties involved in grain trade within the state of Oregon.