UCC-3 termination statement

UCC-3 termination statement
USA
UCC-3 financing statement, Also known as a UCC-3, UCC-3 financing statement amendment and, in the context of termination of a UCC-1 financing statement (UCC-1), a UCC-3 termination statement.
A UCC-3 under the UCC is used to continue (see UCC-3 continuation statement), assign, terminate or amend an existing UCC-1. The UCC-3 should always identify, by its file number, the UCC-1 to which it relates.

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

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