Uniform Commercial Code
General Information
We are authorized to file UCC Financing Statements and to perform UCC searches in the State of Delaware. Because we are online with the Delaware Division of Corporations, we can provide same-day service, Return confirmations can be faxed or e-mailed to you with the original via mail. Other states may vary. Your order will be processed exactly as submitted. Simply complete the form and return it to us by fax, e-mail or mail.
In general, a security interest is an interest in personal property or fixtures that secures payment or performance of an obligation. The Uniform Commercial Code, in particular Article 9, provides a comprehensive scheme for the regulation of security interests.
A security interest is created and becomes enforceable against the debtor when:
- the collateral is in the possession of the secured party or the debtor has executed a security agreement,
- value has been given, and
- the debtor retains rights in the collateral.
In order to perfect a security interest in certain types of collateral in Delaware, a properly completed financing statement can be filed with the Secretary of State. Perfection and priority of a security interest in collateral may be lost if a financing statement is not filed correctly and/or any other necessary actions are not taken.
Fill out the UCC Statement Form Now
|
