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DEBTOR S EXACT FULL LEGAL NAME INSERT ONLY ONE DEBTOR NAME 1a OR 1b Do Not Abbreviate or Combine Names 1. a ORGANIZATION S NAME 1. b INDIVIDUAL S SURNAME FIRST PERSONAL NAME 1. c MAILING ADDRESS Line One ADDITIONAL NAME S /INITIAL S SUFFIX This space not available. MAILING ADDRESS Line Two CITY STATE POSTAL CODE COUNTRY 2. ADDITIONAL DEBTOR S EXACT FULL LEGAL NAME INSERT ONLY ONE DEBTOR NAME 2a OR 2b Do Not Abbreviate or Combine Names 3. SECURED PARTY S NAME or NAME of TOTAL ASSIGNEE of ASSIG ...

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We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

Where does the UCC derive from?

The UCC originally was created by two national nongovernmental legal organizations: the National Conference of Commissioners on Uniform State Laws (NCCUSL) and the American Law Institute (ALI).

What is the UCC and give an example of when it applies?

Generally, the UCC applies to sales of goods that involve a merchant. The following examples illustrate when the UCC applies to a contract for the sale of goods....When Does the UCC Apply? SituationDoes the UCC apply?A fruit store buys apples from an apple dealer.YesJesse buys a radio from an electronics store.Yes3 more rows

Did Florida adopt the UCC?

adopted version and the model UCC. Florida has adopted the model Uniform Commercial Code for secured transactions.

What is a UCC debtor?

Uniform Commercial Code (UCC) filings allow creditors to notify other creditors about a debtor's assets used as collateral for a secured transaction. UCC liens filed with Secretary of State offices act as a public notice by the "creditor" of the creditor's interest in the property.

How do you find the UCC?

To calculate your UCC: Start with your UCC in any class and add the amount you spent on new property in the class. Then, subtract the proceeds you earned from the disposition of property in that class.

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How do you cite the UCC?

When a reference is to the uniform law or model code apart from its adoption and interpretation in a particular state, the citation should consist of the name of the uniform law or code (as abbreviated), section number, and the year that law or code (or major subpart) was promulgated or last amended. «e.g.» U.C.C.

How long do UCC filings last in Florida?

We recommend you request your lender submit a UCC-3 with your final loan payment. Since UCC-1 filings automatically lapse after five years, lenders usually won't bother filing UCC-3s to actively terminate a UCC-1 lien.

How long is UCC valid in Florida?

How long does a UCC filing last? A UCC-1 filing is good for five years. After five years, it is considered lapsed and no longer valid.

Is Florida a UCC state?

The "Florida Secured Transaction Registry" is a centralized Uniform Commercial Code (UCC) filing and retrieval system containing initial financing statements, amendments, assignments, and other UCC filings as authorized by Florida Statutes Chapter 679.

How do I find my UCC filings in Florida?

Visit the Florida Secured Transaction Registry for forms, filings, searches, copies and certification requests....The vendor is responsible for all: Filings. Forms. Photocopy and certification requests. Database availability.

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Where does the UCC derive from?

What is the UCC and give an example of when it applies?

Did Florida adopt the UCC?

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How do you cite the UCC?

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