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What is a UCC3 amendment?

UCC. A UCC3 is a change statement to a UCC1. Its an amendment filing to an original UCC1 financing statement that changes or adds information to the originally filed UCC1. Its a filing tool secured parties use to manage their UCC portfolio to maintain their perfected security interests.

What is a UCC3 continuation?

Also known as a continuation statement. The amendment used to extend the effectiveness of a UCC-1 beyond the date which is five years after the date of its filing.

Can you file a UCC-1 without a security agreement?

The court noted that the California Commercial Code provides that a person may file a UCC-1 only if the debtor authorizes the filing by (1) authenticating a security agreement; (2) becoming bound as debtor by a security agreement; or (3) acquiring collateral in which a security interest is attached.

Where do I file a UCC Financial Statement in Louisiana?

UCC-1 Financing Statements may be filed with any Louisiana Parish Clerk of Court without regard to the debtors address, location of the collateral or of any related immovable. Initial Financing Statements can now be submitted to any Louisiana Parish Clerk of Court online through the Secretary of States website.

What is a UCC3 form used for?

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.)

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