UCC-1 Financing Statement

Uniform Commercial Code Financing Statement

Plain-English answer: A UCC-1 financing statement is a public filing used in secured transactions to give notice of a creditor’s claimed security interest in certain personal property.

Why did I get UCC-1 Financing Statement?

You may see one connected to business financing, equipment, inventory or another secured transaction.

What do I do next?

Because UCC filings can affect legal rights, follow the filing party’s attorney/lender instructions and the current Secretary of State rules.

Does UCC-1 Financing Statement need to be notarized?

A standard UCC-1 filing is not the same thing as a notarization. Check the current filing instructions for the specific filing.

Where does it go?

The correct UCC filing office, which in Kentucky is often the Secretary of State depending on the filing type.

Official sourcehttps://sos.ky.gov/bus/UCC/Pages/UCC-Forms.aspx

Forms and rules can change. Check the current official instructions before acting.

Still not sure?

Tell us the form number, who sent it and what you are trying to do. We can help with administrative steps or point you to the right kind of professional when the question needs legal or tax advice.

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