Ucc 3 illinois 3-402. Go to our Forms catalog to find your Illinois Illinois UCC3 Financing Statement Amendment Legislative Information System, 705 Stratton Building, Springfield, Illinois 62706 Contact ILGA Webmaster Jan 2, 2019 · The UCC-3 will terminate the lien on your company’s asset (or assets) and remove the UCC-1 filing. 1 Control of Beneficial Interest in Illinois Land Trust. Jul 3, 2019 · In so doing, the Court recognized that UCC 3-804 is an appropriate vehicle to prove ownership of a lost, destroyed or stolen note if the “holder” “prove[s] ownership of the notes, the circumstances of the loss and their terms” (quoting, Marazzo v. It covers activities such as the sale of goods, leases, negotiable instruments, and secured transactions, providing a consistent legal environment for businesses. 115 S. 800-252-8980 (toll free in In most of the states section 3-311 has been proposed as a compromise and is working its way through the legislatures. Illinois Secretary of State UCC Division Howlett Building; Room 350 West 501 South Second Street Springfield, IL 62756 QuickLists. CSC can handle every part of your UCC filing life cycle, including advising on jurisdiction requirements, tracking expirations, and submitting UCC-1 and UCC-3 filings—all within our comprehensive system. 3-602. Justia Free Databases of U. (a) Subject to subsection (b), an instrument is paid to the extent payment is made (i) by or on behalf of a party obliged to pay the instrument, and (ii) to a person entitled to enforce the instrument. 1-108) Sec. (a) Unless the context otherwise requires, words or phrases defined in this Section, or in the additional definitions contained in other Articles of the Uniform Commercial Code that apply to particular Articles or parts thereof, have the meanings stated. (810 ILCS 5/2-703) (from Ch. Relation to Electronic Signatures in Global and National Jul 31, 2023 · UCC-3 forms. Law › U. Note: this may or may not trigger the removal of the UCC filing from your business credit reports. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Conversion of instrument. organization's name 1c. 2-703) Sec. UCC Electronic Filings. Jan 10, 2025 · Scope and Application of the Illinois UCC. We do know that New York still follows UCC 1-207 which allows the recipient to deposit a check marked paid in full utilizing the magic words in the UCC and receiving the money and thereafter suing for the balance. The official 2023 IACA UCC forms with a revision date of 07/01/2023 are posted below. A UCC-3 termination statement (a “Termination”) is a required filing that terminates a security interest that has been perfected by a UCC-1 filing. 350W Springfield, IL 62756 217-782-7518 Mon. 800-252-8980 (toll free in Illinois) 217-785-3000 (outside Illinois) UCC Electronic Filings. In Sections 3-302(a)(2) and 3-304, the UCC sets out specific rules dictating what is overdue paper. TRANSFER OF INSTRUMENT; RIGHTS ACQUIRED BY TRANSFER. It’s an amendment filing to an original UCC1 financing statement that changes or adds information to the originally filed UCC1. Give your email and make up a new security password, or use your current profile to sign up. (a) Sufficiency of description. If there is conflict, Nov 18, 2020 · UCC Section 3-311; Va. 4-401) Sec. An Also known as a UCC-3, and, depending on the context, a UCC-3 financing statement amendment, a UCC-3 termination statement, and a UCC-3 continuation statement. (a) Except as provided in subsections (c) and (d), "negotiable instrument" means an unconditional promise or order to pay a fixed amount of money, with or without interest or other charges described in the promise or order, if it: Illinois Compiled Statutes Table of Contents. Second St. The primary purpose of this Act is to provide and maintain accurate records of secured transactions, amendments, partial releases, continuations, assignments, terminations and federal tax liens and to make those records available to the public upon written request. 1-105) Sec. Mar 31, 2025 · State of Wisconsin . 213 State Capitol Springfield, IL 62756 . 4-102. The UCC-3 will remove the UCC-1 filing and terminate the lien on your company’s assets. individual's surname state country 8. Quick guide on how to complete ucc 3 form illinois. Article 9 of the UCC (Uniform Commercial Code) governs the creation, perfection, enforcement and security interest in personal property. Termination: This filing extinguishes the UCC-1 before its five-year term ends. General definitions. Otis Moss III is the Senior Pastor of Trinity United Church of Christ. Legislative Intent. If this does not happen within the 20-day time frame, the debtor may file a UCC-3 termination statement. Easily prepare illinois financing addendum on any device. To assign (1) some or all of Assignor’s right to amend the identi fi ed fi nancing statement, or (2) the Assignor’s right to amend the identi fi ed fi nancing statement with respect to some (but not all) of the collateral covered by the identifi ed fi nancing statement: Check box in item 3 and enter If that proof is made, Section 3-308 applies to the case as if the person seeking enforcement had produced the instrument. Payment. If any provision of this Act conflicts with Section 205-410 of the Department of Agriculture Law (20 ILCS 205/205-410), the provisions of that Illinois Compiled Statutes Table of Contents. - 810 ILCS 5, Section 9-107. 3-420. 1-104a) Sec. (810 ILCS 5/1-201) (from Ch. 800-252-8980 (toll free in Illinois) 217-785-3000 (outside Illinois) (a) Subject to subsections (b), (c), and (d) and to Section 3-419(d), if an instrument is dishonored, an indorser is obliged to pay the amount due on the instrument (i) according to the terms of the instrument at the time it was indorsed, or (ii) if the indorser indorsed an incomplete instrument, according to its terms when completed to the E´çÛ? öï Gd Û ¡¹kºÿ¾þEȸ· I7“HÊ"º6ô¼q,j#?cèÐ& µÜâ Þ õPº·æ&ªí’d¶7¥bœ‡Ê8NÆvi D?NnqlÆDòÁžú ЋïÔS BO‘ã zJ_⿦§_UÑà Ÿ¢¡OVÎøŽr ò Ê) o«'õÓ;•ô˜-ü Ïš~3²Q; _S\âþgŠ›Ðÿ FÝ(Ù–ª ê¶-ÓøN3â¡~*Í‘| á6ýk>×ÊaÆ|‚ c «½o¹IÓøÄœ]¹i›psÒŸ@¹ö÷ For more information on electronic UCC filings, please call the Department of Business Services at 217-782-7519. - 810 ILCS 5, Section 3-106 Unconditional promise or order. 4-102) Sec. 00 719 S. Use our detailed instructions to fill out and eSign your documents online. 1-201. The Rev. 2024 Illinois Compiled Statutes Chapter 810 - COMMERCIAL CODE 810 ILCS 5/ - Uniform Commercial Code. This is for lenders to see what other lenders have secured as collateral for a business loan. IL 60603. (74) "Security agreement" means an agreement that creates or provides for a security interest. Justia Free Databases of U. Our Pastor. Under other provisions of the UCC, stop payments are not permitted on cashier's checks, and a bank that refuses to honor its cashier's check can be liable to a person entitled to enforce the check. 1-201) Sec. 800-252-8980 (toll free in Jan 10, 2025 · 3) UCC search fee. E-MAIL CONTACT AT FILER (optional) C. For example, they can be used to change the name or the address. 1-108. 3. By uncovering existing security interests, these searches help prevent disputes and financial losses. And when it comes to UCC filings in the state of Illinois, CT's convenient filing approach means you can file online or let us handle all your Illinois UCC filings for you including Illinois UCC-1s, UCC-3s and UCC Article 9. UCC 1ap: Financing Statement Additional Party: form that provides for multiple additional debtors and secured parties. (810 ILCS 5/3-104) (from Ch. In compliance with Article §9-518 , this statement should include reference to the original filing (the filing with the alleged errors). Formal requirements; statute of frauds. Lenders, buyers, and stakeholders rely on them to determine financial obligations tied to a debtor’s assets. b) Methods of Payment. ” 810 ILCS 5/9-204(c). The Illinois UCC standardizes commercial transactions across the state and is codified in 810 ILCS 5. An instrument is also converted if it is taken by transfer, other than a negotiation, from a person not entitled to enforce the instrument or a bank makes or obtains payment with respect to the instrument for a person not entitled Uniform Commercial Code (UCC) filing requirements differ from state to state, so filing without errors can be challenging. A UCC-5 is an information statement you file when you believe an existing record is inaccurate or was wrongfully filed. 04/20/11) the above space is for filing office use only ucc financing statement follow instructions a. Code Anno. S. Article 3 - Negotiable Instruments May 19, 2014 · Illinois, like virtually all of the states, has adopted section 3-312 of the Uniform Commercial Code (UCC). Whether it’s updating debtor or secured party information, making collateral amendments, or recording assignments, ensure that amendments are filed as soon as possible to reflect changes promptly and avoid potential complications. §8. § 3-306. 5 Old Article 9's reference to a "new appropriate financing statement" prompted some parties to argue (with little apparent success) that financing statements rendered seriously What do I do if I let my UCC filing lapse and it should still be active? 101 N Carson Street Suite 3 Carson City, NV 89701 | (775) 684-5708 Under Revised Article 9 of the Illinois UCC, “a security agreement may provide that collateral secures, or that accounts, chattel paper, payment intangibles, or promissory notes are sold in connection with, future advances or other value, whether or not the advances or value are given pursuant to a commitment. These forms are not standalone forms, but amendments to financing statements. - 810 ILCS 5, Section 3-107 Instrument payable in foreign money. –Fri. Uniform Commercial Code (UCC) filings allow creditors to notify other creditors about a debtor’s assets used as collateral for a secured transaction. Creditors must file a UCC-3 Amendment to ensure the accuracy and validity of their UCC filings in Illinois. Also known as a UCC-3, and, depending on the context, a UCC-3 financing statement amendment, a UCC-3 termination statement, and a UCC-3 continuation statement. (ii) in good faith, (iii) without notice that the instrument is overdue or has been dishonored or that there is an uncured default with respect to payment of another instrument issued as part of the same series, (iv) without notice that the instrument contains an unauthorized signature or has been altered, (v) without notice of any claim to the Note: Standard forms approved by Illinois Secretary of State are UCC-1, UCC-2 & UCC-3. 2-102) Sec. Retrieve. Piccolo, 163 A. mailing address city postal code 1b. (810 ILCS 5/2-201) (from Ch. CLAIMS TO AN INSTRUMENT. 8 a. 3A-311 (Michie 1950); Maryland Commercial Law Code Section 3-311; 13 P. Digital document management has become increasingly popular among organizations and individuals. Article 9 - Secured Transactions (810 ILCS 5/Art. Notice: IACA has promulgated changes to five UCC filing forms. Phone: (815) 937-2980 lgadbois@k3county. 2-102. The court may not enter judgment in favor of the person seeking enforcement unless it finds that the person required to pay the instrument is adequately protected against loss that might occur by reason of a claim by ˘ ˇ ˆ˙˝ ˛ ˚ ˆ ˜ ˙ ! " ˛˚ # ˚ " ˛˚ $ %˚ ˚ ˇ ˛ˆ ˇ ˇ ˚ ˜ ˆ The Illinois Secretary of State recently updated the forms that may be used in UCC filings, and the font and case requirements for preparations of these forms. arising under Section 2-401, 2-505, 2-711(3), 2A-508(5), 4-210, or 5-118. 350W Springfield, IL 62756 217-782-7519 ilsos. 9 heading) Illinois Compiled Statutes Table of Contents. 14 Ill. Except as provided in Section 3-605 , the obligation of an accommodation party to pay the instrument is not affected by the fact that the person enforcing the obligation had notice when the instrument was taken by that person that the accommodation party signed the instrument for accommodation. 2-201) Sec. 3-602) Sec. $97. - 810 ILCS 5, Section 9-108 Sufficiency of description. If a business defaults on a loan, UCC filings help determine the order in which creditors can satisfy their claims from the collateral. When bank may charge customer's account. Illinois Compiled Statutes Table of Contents. Pastor Moss is one of the new generation of ministers committed to prophetically preaching the message that love and justice are inseparable companions which form the foundation of the Gospel of Jesus Christ. m. Dun & Bradstreet, for example, will not remove a closed UCC filing until receiving a request from a customer or until the lien has been inactive (810 ILCS 5/3-420) (from Ch. ORGANIZATION'S NAME DELETE name: Give record name to be deleted in item 6a or 6b 6. NAME & PHONE OF CONTACT AT FILER (optional) B. (1) Unless the context otherwise requires, and except as provided in subsection (3), this Article applies to transactions in goods and, in the case of a hybrid transaction, it applies to the extent provided in subsection (2). Code 180. Timely Filing of UCC-3 Amendments: File UCC-3 amendments within a reasonable timeframe to maintain accuracy. UCC (810 ILCS 5/2-102) (from Ch. Click to view the UCC Forms Revision Guide. Springfield, IL 62756 Tags: UCC3Ad Financing Statement Amendment Addendum, UCC3AD, Illinois Secretary Of State, Uniform Commercial Code UCC FINANCING STATEMENT AMENDMENT ADDENDUM FOLLOW INSTRUCTIONS 11. 1-104a. Indiana: online searching : Phone: 317-232-3984 Fax: 317-233-3387 Indiana County Recorders 61 of 92 online: Mailing Address Indiana Secretary of State Business Services Division UCC Section 302 West Washington (e) A secondary obligor is not discharged under subsection (a)(3), (b), (c), or (d) unless the person entitled to enforce the instrument knows that the person is a secondary obligor or has notice under Section 3-419(c) that the instrument was signed for accommodation. This form is a sample letter in Word format covering the subject matter of the title of the form. Adm. (810 ILCS 5/3-602) (from Ch. (a) An instrument is transferred when it is delivered by a person other than its issue r for the purpose of giving to the person receiving delivery the right to enforce the instrument. Amendment Also known as a UCC-3, and, depending on the context, a UCC-3 financing statement amendment, a UCC-3 termination statement, and a UCC-3 continuation statement. Codes and Statutes › Illinois Compiled Statutes › 2021 Illinois Compiled Statutes › Chapter 810 - COMMERCIAL CODE › 810 ILCS 5/ - Uniform Commercial Code. Forget about scanning and printing out forms. Here is how to effortlessly fill out Illinois Illinois UCC3 Financing Statement Amendment in 2025. (a) To the extent that items within this Article are also within Articles 3 and 8, they are subject to those Articles. Without Notice That an Instrument Has Been Dishonored Dishonor Failure to pay or refusal to accept a note, a bill, or another commercial obligation. , Ste. The actions one can take are Amendment, Assignment, Continuation, and Termination. INDIVIDUAL'S SURNAME 6a. 350 W Springfield, IL 62756 In Lieu of UCC Financing Statements. means that instrument is not paid when it is presented to the party who should pay it. Hours UCC Background UCC Content UCC Coverage UCC Filings Search Tips Determining the Status of a UCC Filing UCC Background. A UCC-3 (Uniform Commercial Code-3 statement) is a legal filing used to make any changes to a current UCC-1 filing. 3-104) Sec. Filing fees and fees for public records services may be paid by the following methods: 1) Cash. Codes and Statutes › Illinois Compiled Statutes › 2022 Illinois Compiled Statutes › Chapter 810 - COMMERCIAL CODE › 810 ILCS 5/ - Uniform Commercial Code. In older legal parlance, an "accord" is an agreement or contract. Springfield, IL 62756 . UCC-1 (original filing of Financing Statement) and UCC-3 (Amendments, Assignments of Security Interest, Continuations, and Partial Releases of Collateral) filings Jul 1, 1995 · UCC01, UCC-3 and Termination Statements; Military Discharge Kankakee, IL 60901. Illinois Secretary of State UCC Division 501 S. Scope; certain security and other transactions excluded from this Article. December 2023 — 1 — UCC 58. It’s a filing tool secured parties use to manage their UCC portfolio to maintain their perfected security interests. 350 W 501 S. A separate fee must also be tendered for each UCC-3 Amendment form submitted. The PEB, established in 1961, monitors developments in commercial law, recommends UCC amendments and revisions when necessary, and publishes official commentary to help courts interpret specific UCC provisions. 800-252-8980 (toll free in Illinois) 3. D. , Rm. Jul 11, 2023 · Overview of UCC-3 Terminations. Mar 30, 2017 · UCC-3 continuation: A UCC-3 continuation is a type of filing that extends the life of the financial statement by another five years. Batavia Ave, Building C Geneva, IL 60134; filing office copy — ucc financing statement (form ucc1) (rev. Apr 12, 2024 · Form UCC-3 is a multi-use document that lenders utilize to amend, continue, or terminate a UCC-1. 4. 800-252-8980 (toll free in Illinois Compiled Statutes Table of Contents. (810 ILCS 5/4-102) (from Ch. e) When submitting a UCC-3 Amendment pursuant to Section 9-512 of the UCC, only one UCC-3 Amendment type per form will be permitted. Search Illinois Compiled Statutes Table of Contents. net. With Fast Track Filing, you can amend a UCC-1 filing in a few ways: 1. FORM UCC 58 Payment Cover Sheet Printed by authority of the State of Illinois by union employees. Picker, Secured Transactions, Fall 2017 Page 3 (810 ILCS 5/1-108) (from Ch. 1-105. Negotiable instrument. There Is a Newer Version of this Act 2024 Illinois Compiled Statutes Chapter 810 - COMMERCIAL CODE 810 ILCS 5/ - Uniform Commercial Code. Jul 1, 2001 · Illinois Uniform Commercial Code. This search provides access to the complete index of UCC and Federal Tax Lien filings managed by the Secretary of State. If there is conflict between this Article and Article 4 or 9, Articles 4 and 9 govern. UCC 1a: Financing Statement Addendum: offers fields for an additional debtor, secured party and collateral. (a) If a person acting, or purporting to act, as a representative signs an instrument by signing either the name of the represented person or the name of the signer, the represented person is bound by the signature to the same extent the represented person would be Illinois Compiled Statutes Table of Contents. Dr. Springfield office: Uniform Commercial Code Division 501 S. name & phone of contact at filer (optional) or 1a. Signature by representative. § 3-203. (b) Unless displaced by the particular provisions of the Uniform Commercial Code, the principles of law and equity, including the law merchant and the law relative to capacity to contract, principal and agent, estoppel, fraud, misrepresentation, duress, coercion, mistake, bankruptcy, The UCC is maintained under the guidance of the Permanent Editorial Board for the Uniform Commercial Code (PEB), comprised of members appointed by the ULC and the ALI. Need to determine which UCC forms are accepted by each jurisdiction? UCC Financing Statements, Fixture Filings, and Amendments (IL) Summary. While old Article 9 contained a similar four-month "grace" period, it provided for the filing of "a new appropriate financing statement" during the grace period. Assignment. To the extent of the payment, the obligation of the party obliged to Justia › U. Illinois has adopted the following Articles of the UCC: Article 3: Negotiable instruments: UCC Article 3 applies to negotiable instruments. (a) Except as provided in this Section, for the purposes of Section 3-104(a), a promise or order is unconditional unless Illinois Uniform Commercial Code. This practice note discusses the procedures for preparing and filing a Uniform Commercial Code (UCC) financing statement, fixture filing, and amendment based on the UCC in effect in the state of Illinois, as amended on July 16, 2014. (a) The law applicable to conversion of personal property applies to instruments. Title: Understanding the Illinois UCC-3 Termination Statement: A Comprehensive Guide Introduction: A UCC-3 Termination Statement is a legal document that is crucial for terminating a Uniform Commercial Code (UCC) financing statement in the state of Illinois. Tags: UCC3 Financing Statement Amendment, UCC3, Illinois Secretary Of State, Uniform Commercial Code UCC FINANCING STATEMENT AMENDMENT FOLLOW INSTRUCTIONS A. Springfield, IL 62756 This search provides access to the complete index of UCC and Federal Tax Lien filings managed by the Secretary of State. INITIAL FINANCING STATEMENT FILE NUMBER: Same as item 1a on Amendment form 12. 6b. The fee for a UCC search request communicated on paper or in a paper-based format is $10 per name searched. There Is a Newer Version of this Act Feb 18, 2015 · Illinois Uniform Commercial Code. –4:30 p. Disclaimer: These codes may not be the most recent version. . 26, par. Four types of UCC-3 forms: 1. UCC liens filed with Secretary of State offices act as a public notice by the "creditor" of the creditor's interest in the property. (810 ILCS 5/1-105) (from Ch. gov Feb 21, 2017 · The secured party has 20 days to either terminate the filing or send a termination statement to the debtor that the debtor can then file. Severability. In Illinois, UCC searches are critical for identifying liens on personal property. (1) Except as otherwise provided in this Section a contract for the sale of goods for the price of $500 or more is not enforceable by way of action or defense unless there is a record sufficient to indicate that a con Illinois Compiled Statutes Table of Contents. Laws, Codes & Statutes. A person taking an instrument , other than a person having rights of a holder in due course , is subject to a claim of a property or possessory right in the instrument or its proceeds, including a claim to rescind a negotiation and to recover the instrument or its proceeds. CURRENT RECORD INFORMATION: Complete for Party Information Change - provide only one name (6a or 6b) 7. Illinois may have more current or accurate information. (d) If, under Section 3-303(a)(1), the promise of performance that is the consideration for an instrument has been partially performed, the holder may assert rights as a holder in due course of the instrument only to the fraction of the amount payable under the instrument equal to the value of the partial performance divided by the value of the Jan 6, 2025 · Purpose and Importance of UCC Search. 2-703. If you have trouble filing online, you may mail your filings to: Illinois Secretary of State UCC Division, Howlett Bldg. Secretary of State empowered to terminate fraudulent financing statements Feb 14, 2024 · UCC Filing Statement (or UCC-1) This is the initial filing that creates a lien filing in the system. In-Lieu-of UCC Financing Statements are used to move a filing from a county filing office or another state filing jurisdiction to the Secretary of State's office. A UCC3 is a change statement to a UCC1. Make checks payable to the Illinois Secretary of State. 300 Chicago, IL 60603. (a) Requirements for Control. Where the buyer wrongfully rejects or revokes acceptance of goods or fails to make a payment due on or before delivery or repudiates with respect to a part or the whole, then with respect to any goods directly affected and, if the breach is of the whole contract (Section 2-612), then also with respect to the Jul 28, 2014 · Under the Uniform Commercial Code (the "UCC" – adopted in Illinois and 48 other states), a seller of goods can disclaim all warranties, both express and implied, and UCC Financing Statements, Fixture Filings, and Amendments (IL) Summary. A secured party has control of the beneficial interest in an Illinois Illinois Uniform Commercial Code. Kankakee County Recorder . For more information, please contact the Department of Business Services, Uniform Commercial Code at 217-782-7519. 2-201. (3) to make uniform the law among the various jurisdictions. In short, a UCC-3 is considered an amendment filing. optional filer reference data: Read Section 810 ILCS 5/3-603 - Tender of payment, 810 ILCS 5/3-603, see flags on bad law, and search Casetext’s comprehensive legal database Illinois Secretary of State UCC Division 501 S. Nov 29, 2021 · Let’s skip the UCC-3 for now and jump ahead to the UCC-5 and the UCC-11. 12. Creditors who file UCC financing statements first typically have priority over those who file later. §3311; DC Code Section 28:3-311. Seller's remedies in general. Why file a UCC-3 form? The UCC-3 is the Swiss-Army-Knife of forms. 3 Illinois Secretary of State Department of Business Services Uniform Commercial Code 501 S. Unlike a UCC 1, a UCC-3 can be used for multiple purposes. Under the Uniform Commercial Code, a UCC-3 is used to continue, assign, terminate, or amend an existing UCC-1 financing statement (UCC-1). Payment in cash shall be The following PDF forms are provided to assist with your UCC processing. (3) " Declaration of loss " means a statement, made in a record under penalty of perjury, to the effect that (i) the declarer lost possession of a check, (ii) the declarer is the drawer or payee of the check, in the case of a certified check , or the remitter or payee of the check, in the case of a cashier's check or teller's check , (iii) the (3) Article II of Chapter 3 of the Illinois Vehicle : Code; (4) Article IIIB of the Boat Registration and Safety : Act; (5) the Pawnbroker Regulation Act of 2023 A separate fee must also be tendered for each UCC-3 Amendment form submitted. (810 ILCS 5/3-402) (from Ch. (810 ILCS 5/4-401) (from Ch. Financing Statement. SEND ACKNOWLEDGMENT TO: (Name and Address) THE ABOVE SPACE IS FOR FILING OFFICE USE ONLY 1a. 1 A Termination for personal property is accomplished by completing and filing form UCC-3 with the Secretary of State’s office in the appropriate state. (810 ILCS 5/1-104a) (from Ch. LaSalle St. (a) A bank may charge against the account of a customer an item that is properly payable from that account even though the charge creates an overdraft. 3-104. 3-420) Sec. Go to our homepage and click Sign up to create a new profile. Applicability. The fee for UCC search copies is $1 per page. 4) UCC search - copies. (3) Article II of Chapter 3 of the Illinois Vehicle : Code; (4) Article IIIB of the Boat Registration and Safety : Act; (5) the Pawnbroker Regulation Act of 2023 Justia › U. 2d 369, 370 (2 nd Dep’t 1990). UCC-3 Assignment: The UCC-3 Assignment filing is used when a creditor assigns or transfers all or a portion of their interest in a debtor's collateral to another party. Article 9 - Secured Transactions 2013 Illinois Compiled Statutes Chapter 810 - COMMERCIAL CODE 810 ILCS 5/ - Uniform Commercial Code. UCC-3 party amendments: A UCC-3 amendment is a type of filing used to change or add critical information about the debtor or the secured party. 4-401. Jan 25, 2008 · The Illinois Secretary of State Department of Business Services administers the UCC in Illinois. Cash is not accepted for filings with the Secretary of State's office. If any provision or clause of the Uniform Commercial Code or its application to any person or circumstance is held invalid, the invalidity does not affect other provisions or applications of the Uniform Commercial Code which can be given effect without the invalid provision or application, and to this end the provisions of For more information on electronic UCC filings, please call the Department of Business Services at 217-782-7519. Contact Form This site is maintained for the Illinois General Assembly by the Legislative Information System, 705 Stratton Building, Springfield, Illinois 62706 UCC Electronic Filings. 3-402) Sec. It does not apply to money, to payment orders governed by Article 4A, or to securities governed by Article 8. nilgaqfwcvyadrkklgnzbzkhezauerekmeikrahatdrtqhdwoounmuasvvkzzitqiulcmibzcmwzsjvgszww