Asked in Constitutional Law for Florida

Q: The ucc1 if I file it in one state do I have to file it in another state even if I put what I won't on the first one

Does the first one cover the other state or do I have to file it separately

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1 Lawyer Answer
James L. Arrasmith
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Answered
  • Consumer Law Lawyer
  • Sacramento, CA

A: Filing a UCC-1 financing statement in one state may provide protection as a public notice of your interest in the collateral described within that statement, which can be effective across states.

However, if the debtor relocates to another state or if the collateral is moved, it may be necessary to file in the new state to maintain priority of your security interest. The specifics can depend on various factors including the type of collateral and the presence of other secured parties.

It's advisable to consult with an attorney who understands the nuances of secured transactions under the Uniform Commercial Code to ensure that your interests are properly protected in all relevant jurisdictions.

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