Where to send national ucc financing statement wyoming form 2025

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In most cases, you can only remove a UCC filing once youve made the final payment on the loan. Once a loan is paid off, the lender should file a UCC termination statement within one month. This means there is no existing obligation to the financial institution that filed the UCC lien.
Q. How long is a UCC Initial Financing Statement effective? Generally, filings lapse ten (10) years from the date filed unless a continuation amendment is filed within 6 months of its lapse date.
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).
UCC records may be submitted directly to the Secretary of States office using the UCC information management system which can be accessed through the Secretary of States website.
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.

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A termination statement is to be completed by the secured party of record (listed on the face of the Wyoming title). The termination statement must reference: The UCC filing number of the original financial statement. Debtor name.
When you pay off a loan or advance or if you settle a loan or an advance, you should immediately submit a request with the lender to file a UCC-3 form with your secretary of state. The UCC-3 will terminate the lien on your companys assets and remove the UCC-1 filing.
First, the debtor must send an authenticated demand to the secured party. The demand should be sent to the name/address of the secured party as indicated on the financing statement. 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.

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