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The document is a UCC Financing Statement (Form UCC1) used to secure interests in collateral by providing detailed information about the debtor(s), secured party, and the collateral involved. It includes instructions for accurately filling out the form, emphasizing the importance of using exact legal names and addresses. The document also outlines optional sections for requesting search reports and additional reference data.

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Where to file UCC-1 for foreign entity?

Revised Article 9 states that the proper place to file a financing statement for a foreign debtor is in the District of Columbia, UNLESS the foreign jurisdiction in which that debtor is located maintains a system to perfect security interests by filing or recordation.

Where to file a UCC fixture filing?

Fixture filings are generally filed at the county level in the county in which a mortgage would be recorded on the affected real property. Youll need to file a UCC-1 financing statement form plus fill out an addendum on the fixture filing.

What is the Alabama UCC statement?

The main purpose of a UCC is to perfect the secured interest of the secured party in personal property collateral. The UCC financing statement is a form that a creditor files to give notice that it has an interest in the personal property of a debtor. A bank, not an entrepreneur, typically files the statement.

What are the requirements for a UCC-1 financing statement?

A qualified financing statement should include: Debtor and secured partys name, Collateral describing, and. A creditor or other person authorized by the debtor in their security agreement files it.

How do I find my UCC-1 filing?

Searching Go to the UCC filing system. Click on the type of search. To search by the debtors name, click on Standard search. To search by the document number, a secured party, or other information, click on Advanced search. Enter the information that you want to search by, then click on Search.

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Where do I file my UCC-1 statement?

In all cases, you should file a UCC-1 with the secretary of states office in the state where the debtor is incorporated or organized (if a business), or lives (if an individual).

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Where to file UCC-1 for foreign entity?

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What is the Alabama UCC statement?

What are the requirements for a UCC-1 financing statement?

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