Form UCC1 Ucc Financing Statement - Texas

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Form UCC1 Ucc Financing Statement - Texas

What Is Form UCC1?

This is a legal form that was released by the Texas Secretary of State - a government authority operating within Texas. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is a UCC1 Financing Statement?
A: A UCC1 Financing Statement is a legal document used to provide public notice of a creditor's security interest in a debtor's personal property.

Q: What is the purpose of a UCC1 Financing Statement?
A: The purpose of a UCC1 Financing Statement is to establish a creditor's priority in case of the debtor's default or bankruptcy.

Q: How does a UCC1 Financing Statement work in Texas?
A: In Texas, a UCC1 Financing Statement is filed with the Secretary of State's office to give notice to other potential creditors of a creditor's security interest.

Q: What information is required in a UCC1 Financing Statement?
A: A UCC1 Financing Statement typically includes information about the debtor, the creditor, and the collateral that serves as security for the debt.

Q: How long does a UCC1 Financing Statement remain valid in Texas?
A: In Texas, a UCC1 Financing Statement generally remains valid for a period of five years from the filing date, but it can be renewed before expiration.

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Form Details:

  • Released on April 20, 2011;
  • The latest edition provided by the Texas Secretary of State;
  • Easy to use and ready to print;
  • Quick to customize;
  • Compatible with most PDF-viewing applications;
  • Fill out the form in our online filing application.

Download a fillable version of Form UCC1 by clicking the link below or browse more documents and templates provided by the Texas Secretary of State.

Download Form UCC1 Ucc Financing Statement - Texas

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