UCC Financing Statement Additional Party (Form UCC1AP): Fill out & sign online

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What is a UCC3 form?

A UCC3 is a change statement to a UCC1. It's an amendment filing to an original UCC1 financing statement that changes or adds information to the originally filed UCC1. It's a filing tool secured parties use to manage their UCC portfolio to maintain their perfected security interests.

How do UCC financing statements work?

A UCC financing statement \u2014 also called a UCC-1 financing statement or a UCC-1 filing \u2014 is a legal form that allows a lender to announce a lien on an asset to secure a loan. By filing the UCC financing statement, the lender is giving notice that it has an interest in the property listed in the filing.

What is a UCC3 form?

A UCC3 is a change statement to a UCC1. It's an amendment filing to an original UCC1 financing statement that changes or adds information to the originally filed UCC1. It's a filing tool secured parties use to manage their UCC portfolio to maintain their perfected security interests.

How do I remove a UCC financing statement?

How do I get rid of a UCC filing? You can remove a UCC filing when you've repaid your business loan in full. Once you repay the debt, the lender should remove the lien from your business assets. If not, you may request that the lender files a UCC-3 to terminate the lien.

How long is a UCC good for in Colorado?

UCC Financing Statements: Most filings are effective for five years. For example, if you file on May 1, 2020, then the filing will expire (lapse) on May 1, 2025.

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