Louisiana UCC1 Financing Statement Addendum - Louisiana 2025

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The document is a UCC Financing Statement Addendum, which provides instructions for filing additional information related to debtors and secured parties in a financing statement. It includes sections for naming debtors, providing collateral descriptions, and indicating specific types of transactions or entities involved, such as trusts or transmitting utilities.

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How to file a UCC-1 in Louisiana?

PROPER PLACE TO FILE: UCC-1 Financing Statement and attachments may be filed with any Louisiana Parish Clerk of Court or with the Recorder of Mortgages in Orleans Parish (without regard to the debtors address or the location of the collateral or of any related immovable). DO NOT FILE WITH THE SECRETARY OF STATE.

Does a UCC financing statement need to be signed?

Although the UCC-1 Financing Statement does not require signatures, any attachment such as the legal description or special terms and conditions may require the signature of the Debtor. A UCC-1 Financing Statement expires after five (5) years unless a continuation is recorded and/or filed.

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.

Does UCC apply in Louisiana?

As the last state to adopt the UCC, Louisiana was fortunate to implement a filing system that benefited its users by allowing the filing of financing statements with any of the 64 parish filing offices.

How to fill out a UCC-1 form correctly?

DO: Always use the Debtors exact Legal Name and Address. The debtors name should match what is listed on their legal license along with the correct address, or on the most recently filed corporate documents. Include the Lenders Name and Address. Provide a description of the collateral.

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