UCC Financing Statement
A UCC financing statement is a legal form that a creditor files to give notice that it has or may have an interest in the personal property of a debtor. The statement is often filed to perfect a security interest in named collateral and establishes priority in case of debtor default or bankruptcy.
This statement must be produced in a format that is prescribed by the Uniform Commercial Code – including printing on specific sized white paper. Submittals that do not adhere to these specifications will be rejected.
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