Pima Arizona Certificate of Secretary of Corporation as to Commercial Loan
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How to fill out Certificate Of Secretary Of Corporation As To Commercial Loan?
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FAQ
How do you conduct a UCC search? Many states allow you to search filings online. If you want copies of the documents, you must make an official request to the secretary of state's office or local jurisdiction, depending on the state, and pay a fee. Another option is to use a third-party vendor.
Every U.S. state and the District of Columbia have adopted at least part of the UCC (though it has not been adopted as federal law). Each jurisdiction, however, may make its own modifications (Louisiana has never adopted Article 2), and may organize its version of the UCC differently.
The purpose of the UCC-1 is to give notice to the world that the secured party has a lien on the personal property described in the UCC-1. Lien priority is determined primarily by the order that UCC-1 Financing Statements are filed with the Arizona Secretary of State.
Where to File Filing By Mail. Secretary of State. Attn: UCC Dept. 1700 W. Washington Street, Fl.In-Person Filing - Phoenix Office. State Capitol Executive Tower. 1700 W. Washington Street. Suite 220. In-Person Filing - Tucson Office. Arizona State Complex Building. 400 West Congress. First Floor, Suite 141.
A web user, you may use our upload system to submit UCC filings to us, check the status of your filings, and create reports. To upload a filing, open a browser and go to . computer, and double-click the file you wish to upload. Click the Upload button.
Arizona has adopted the following Articles of the UCC: Article1: General Provisions: UCC Article 1 deals with definitions and also the rules of interpretation of the provisions.
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.
In all cases, you should file a UCC-1 with the secretary of state's office in the state where the debtor is incorporated or organized (if a business), or lives (if an individual).
You must also pay the Arizona Secretary of State a $5 fee to file a UCC-1 Financing Statement.
