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- Click ‘Get Form’ to open the Ucc 3 fillable form 2002 in the editor.
- Begin by filling out item A and B with optional contact information. This helps filing offices communicate if needed.
- In item C, provide the name and address for acknowledgment if you wish to receive confirmation of your filing.
- Enter the initial financing statement file number in item 1a. Ensure this is accurate as it is crucial for processing.
- Select the appropriate box in items 2, 3, or 4 to indicate whether you are terminating, assigning, or continuing the financing statement.
- For party information changes, check the relevant box in item 5 and complete items 6 and/or 7 with updated names and addresses.
- If there are collateral changes, check the corresponding box in item 8 and describe any additions or deletions clearly.
- Finally, enter the name of the authorizing party in item 9 before submitting your completed form for processing.
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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.
Where do you file an UCC-3?
However, in general, most charge a nominal fee in the range of $10 to $25 per filing. Many states and counties assess a separate filing fee for each debtor on a filing as well. In other words, you may have one filing, but five different debtors listed on the form.
How to fill out an UCC-3 termination?
Prepare and complete a UCC-3 amendment form to include: The filing number of the initial financing statement to which amendment relates. Indication of amendment type as Termination. The name of Authorizing Party. Note: If the authorizing party is the debtor, this must be indicated in the appropriate box.
How do I complete an UCC termination?
from our example, the UCC-1 filing can remain in place even when the debt is paid off. In these situations, you can file a UCC-3 termination yourself with your secretary of state. You must swear under oath that youve satisfied the debt in full and complete the UCC termination form.
What is an UCC-3 termination statement?
A UCC-3 (Uniform Commercial Code-3 statement) is a legal filing used to make any changes to a current UCC-1 filing. In short, a UCC-3 is considered an amendment filing. With Fast Track Filing, you can amend a UCC-1 filing in a few ways: 1. Termination: This filing extinguishes the UCC-1 before its five-year term ends.
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ucc3 termination
PART 1. GENERAL PROVISIONS AND DEFINITIONS PART 2. NEGOTIATION, TRANSFER, AND INDORSEMENT PART 3. ENFORCEMENT OF INSTRUMENTS PART 4. LIABILITY OF PARTIESRead more
TERMINATION: Effectiveness of the Financing Statement identified above is terminated with respect to security interest(s) of the Secured Party authorizingRead more