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California ucc financing statement

Ucc 3 form california 2025

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The document provides instructions for completing the California UCC Addendum, which is used to add additional debtor or secured party names when filing a Financing Statement (UCC 1) or an Amendment (UCC 3). It outlines the necessary information required for each additional debtor and secured party, including their full legal names, mailing addresses, tax identification numbers, and organizational details.

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Whats the difference between a UCC-1 and UCC3?

There are two main forms: UCC-1 is completed upon the purchase or refinance of a property at closing and remains valid for 5 years from the date of filing. UCC-3 is an amendment or continuation statement that the owner files to renew the UCC-1 for another 5-year period.

What is needed to file a UCC?

Legal requirements for the UCC-1 In order for a UCC-1 to hold weight in a legal proceeding, it must include the exact legal name of the debtor, the collateral included in the lien and the name of the secured party. When listing collateral, the law doesnt require a detailed description.

How to file California corporate disclosure statement online?

Business Programs Division For fastest service, file online at bizfileOnline.sos.ca.gov. Complete and include this form with your paper submission. This form will not be made part of the filed document. Make all checks or money orders payable to the Secretary of State.

How to file a UCC3 in California?

The secured party has 20 days to either terminate the filing or send a termination statement to the debtor that the debtor can then file. If this does not happen within the 20-day time frame, the debtor may file a UCC-3 termination statement.

What is a UCC-3 form?

Completed forms along with the applicable fees can be mailed to Secretary of State, UCC Section, P.O. Box 942835, Sacramento, CA 94235-0001 or delivered in person (drop off) to the Sacramento office, 1500 11th Street, Sacramento, CA 95814.