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Public form
Description
This Uniform Commercial Code form, a UCC3-AD Financing Statement Amendment Addendum, is for use in the documentation of personal property as collateral for a loan, and related matters.
If you skip this step, the original terms may still apply, but it could cause confusion or disputes down the line if the info isn't updated.
Yes, many counties, including Stockton, allow online submissions for these forms, making it super convenient.
You’ll need details from the original financing statement, along with specific information about the amendment you’re making.
Usually, it gets processed pretty quickly, but it can vary depending on the workload at the local office.
Basically, any creditor or secured party can file it, as long as they have the original financing statement in place.
It's a way to update a financing statement when there's a change or addition to the details, like adding a new collateral or changing the borrower's name.