FILE UCC FINANCING STATEMENTS
Special Announcement: Uniform Commercial Code (UCC) eMandate
The Uniform Commercial Code (UCC) financing statements record and protect a secured party's interest in the collateral offered by a debtor for a loan. The UCC system gives public notice of the debtor-secured party relationship and the collateral involved.
To record this relationship, you will file a UCC Financing Statement (Form UCC-1). If the conditions change, you may amend the initial filing statement by submitting Form UCC-3. This document will reflect the current relationship including continuation of the maturity date, amendment of the conditions or information in the original filing, termination of the obligation, assignment to another, or partial release of the collateral listed. Filing services are provided for a fee.
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Online Filing Service
Our system contains all of the required and optional fields needed to file UCC-1’s and UCC-3’s. With each online filing you will receive electronic confirmation that you have filed, along with a downloadable version of the filed form in the national standard format (as defined by the International Association of Corporate Administrators – IACA). Examples of the forms may be obtained from the IACA homepage or at a local legal stationery store.
The online system contains the primary data elements and enforces the business filing rules set forth in the State of New Jersey’s Administrative Code (NJAC). The system also interfaces with and imports images into the image storage facility required by the NJAC. (N.J.A.C. 17:33 et seq.: http://www.michie.com/newjersey/lpext.dll?f=templates&fn=main-h.htm&cp=).