UCC-3

no comments
Tags: UCC-3

UCC-3: The financing statement amendment form recognized nationally under Revised Article 9 of the Uniform Commercial Code as the filing recorded in public records to amend the information for a previously filed UCC-1. A financing statement amendment can add, delete or change the following: debtor or secured party information and collateral information. It can additionally assign or release partial or full rights in the collateral, as well as terminate the effectiveness of the UCC-1.