Sentence examples for financing statements from inspiring English sources

They also began filing UCC-1 Financing Statements -- and UCC-3 Termination Statements -- every time an apartment changed hands.

Table 3 Challenges along financing   Statements (n = 60) Mean Interp 1. Social entrepreneurship ventures are still obscured and untried.

He said the lender, Tempus Investment Corporation, filed a "financing statement on my assets with the Wisconsin Secretary of State".

So another way to collect the judgment would be to file what is known as a UCC-1 financing statement with the city register's office.

There is a simple way, though, to secure your claim to your own art: file a financing statement under the uniform commercial code.

Q: You have had a number of articles referring to the need to file a UCC-3 Termination Statement to cancel a UCC-1 Financing Statement.

With share loans, however, public notice of the lender's lien is given in a different way -- by the filing of what is known as a UCC-1 Financing Statement.

"The fact that the lender may have misplaced the borrower's stock certificate and proprietary lease is factually and legally unrelated to the lender's obligation to file the Termination of Financing statement," Mr. Shmulewitz said.

With a loan secured by personal property — like co-op shares and the proprietary lease to a specific apartment — a lien known as a UCC-1 Financing Statement is filed.

James G. Samson, a Manhattan co-op lawyer, said another change relates to a requirement that lenders whose loans are secured by co-op shares -- even those who have already "perfected" their liens -- must now file a new UCC-1 Financing Statement to retain their priority against other creditors.

It is possible, however, Mr. Lubell said, for the judgment to contain a provision allowing the person whose name is not on the co-op stock certificates to place a lien on the apartment by filing what is known as a uniform commercial code financing statement.