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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.
The tax season is upon us: The deadline to file your federal and state income taxes is April 15. And when filing your state income taxes this year, you might be able to use new, free filing ...
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.
UCC filings may be placed against specific assets, or a blanket UCC filing secures interest in all property. UCC filings may affect the business credit score and may make it more difficult to obtain subsequent financing. UCC filings have become less common in alternative financing. Most lenders will only file a UCC against the business in the ...
The court record summaries provided by the system are all public records under Wisconsin open records law sections 19.31-19.39 of the Wisconsin Statutes. WCCA was created in response to an increasing number of requests for court records from district attorneys , sheriffs’ departments, and other court business partners.
The Wisconsin Department of Financial Institutions (DFI) is an agency of the Wisconsin state government responsible for state regulation of financial institutions and educating the public about financial issues. [2] [3] The department headquarters are located at the Hill Farms State Office Building on the west side of Madison, Wisconsin. The ...