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Click ‘Get Form’ to open the Mn ucc 1 fillable form in the editor.
Begin by entering the debtor's name and address in the designated fields. Ensure that all information is accurate, as this is crucial for proper filing.
Next, provide the secured party's name and address. This section identifies who holds the security interest.
In the collateral section, describe the assets being secured. Be specific to avoid any ambiguity regarding what is covered under this financing statement.
Review your entries for accuracy. Utilize our platform’s editing tools to make any necessary adjustments before finalizing your document.
Once satisfied, proceed to sign and date the form electronically. This step ensures that your submission is valid and legally binding.
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Q: How long is my filing active? A: Financing Statement, Statutory Agricultural liens are active for 5 years.
How long is an UCC filing valid?
Box 3 Continuation A UCC1 filing is good for five years. Within the last 6 months that the filing is active, it may be continued for another five years.
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UCC Lien Filing Forms - Minnesota Secretary Of State
The UCC Financing Statement (UCC1) form is filed by a creditor to give notice that it has or may have an interest in the personal property of a debtor.
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