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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.
Upload file; Special pages; Permanent link; Page information; ... Pages in category "Uniform Commercial Code" The following 9 pages are in this category, out of 9 total.
A secured creditor, in order to perfect its interest, must file in the UCC Filing system. This is because the Patent act does not "preempt" the state requirements for filing. In other contexts, filing outside of the UCC filing system is appropriate to perfect a security interest. [9]
UCC — Uniform Commercial Code; UCMJ — Uniform Code of Military Justice (Laws of the U.S. military) UKPC – Privy Council of the United Kingdom; UKSC – Supreme Court of the United Kingdom; UPC — Uniform Probate Code; U.S. — United States Reports (beginning with v. 502 (1991)) [6]
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In addition to the basic lien-priority coverage, UCC insurance covers many of the risks associated with the perfection of a security interest through the central filing system, such as the authorized execution of the lien-granting document by the debtor, misindexed filings, unauthorized termination statements filed against the record, the ...
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