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A UCC-1 financing statement (an abbreviation for Uniform Commercial Code-1) is a United States legal form that a creditor files to give notice that it has or may have an interest in the personal property of a debtor (a person who owes a debt to the creditor as typically specified in the agreement creating the debt).
The official 2007 edition of the UCC. The Uniform Commercial Code (UCC), first published in 1952, is one of a number of uniform acts that have been established as law with the goal of harmonizing the laws of sales and other commercial transactions across the United States through UCC adoption by all 50 states, the District of Columbia, and the Territories of the United States.
The most common method of perfection is through filing a financing statement (often referred to by its form number: UCC-1) in the appropriate state office (usually the office of the Secretary of State) in the U.S. state in which the debtor is located. See U.C.C. §§ 9-301, 9-310.
UCC-1 financing statement; Uniform Commercial Code adoption This page was last edited on 30 August 2018, at 14:19 (UTC). Text is available under the Creative Commons ...
[1] [24] Supposed procedures for using the nonexistent "strawman" funds include: Filing a UCC-1 financing statement or UCC-3 amended statement against the strawman [27] Passing a birth certificate or other official document as if it were a bond [28] Submitting documents to the Secretary of the Treasury [27] Asserting copyright on a name [29]
The following table identifies which articles in the UCC each U.S. jurisdiction has currently adopted. However, it does not make any distinctions for the various official revisions to the UCC, the selection of official alternative language offered in the UCC, or unofficial changes made to the UCC by some jurisdictions.
James Justesen White (born 1934) [1] is an American legal scholar working as the Robert A. Sullivan Professor of Law at the University of Michigan Law School. He has published the most widely recognized treatise on commercial law, Uniform Commercial Code with Robert S. Summers. [2]
Serving as the central filing office for business entities authorized to transact business in Virginia and for UCC financing statements; Providing licensing, regulation, examination, and investigation of insurance companies, agencies and agents; Regulating securities, brokers, investment advisers and registering franchises and trademarks;
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