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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 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.
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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.
Between 1989 and 1998, CSC expanded through the acquisitions of nine other service providers, including Prentice Hall Legal & Financial Services in 1995, and Entity Service Group, LLC in 1998. [10] In 2003, CSC acquired Lexis-Nexis Document Solutions [11] to supplement its Uniform Commercial Code (UCC), secured lending, and motor vehicle ...
Florida leads the nation in placing state prisons in the hands of private, profit-making companies. In recent years, the state has privatized the entirety of its $183 million juvenile commitment system — the nation’s third-largest, trailing only California and Texas.