bank accounts

#1 10-14-2003, 10:20 AM

Somewhere (not sure where) I heard that I should include on the UCC-3 Addendum in #16 (collateral description) any and all open and closed bank accounts.

If this is so, (I'm assuming to include account numbrs) is this a good idea to make this data public?

Mike&

Ice · #2 10-14-2003, 11:32 AM

Mike,

You do not make any data public... you only refer to the specific document (by name and/or number) that the data is contained within.& Such as the Private Collateral List or the Security Agreement.& You never file your personal documents into the public record.

Ice

#3 10-24-2003, 04:44 PM

Ice

Thanks for the response....

Where does/is this Private Collateral list kept and how is it referenced on/in the UCC?

Thanx again

Mike

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Jerseee · #4 10-24-2003, 05:14 PM

Mike,

The Private Collateral list is referenced in your security agreement and it is kept with your other private documents and updated accordingly.