Printable Indiana State 50181 Form
Indiana State 50181 Sample
UCC FINANCING STATEMENT
State Form 50181
Approved by State Board of Accounts, 2001
FOLLOW INSTRUCTIONS (FRONT AND BACK) CAREFULLY.
A. NAME AND PHONE OF CONTACT AT FILER (optional)
B. SEND ACKNOWLEDGMENT TO: (Name and Address)
THE ABOVE SPACE IS FOR FILING OFFICE USE ONLY
1.DEBTOR’S EXACT FULL LEGAL NAME - Insert only one debtor (1a or 1b) - do not abbreviate or combine names
1a. ORGANIZATION’S NAME
OR |
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1b. INDIVIDUAL’S LAST NAME |
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FIRST NAME |
MIDDLE NAME |
SUFFIX |
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1c. MAILING ADDRESS |
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CITY |
STATE |
POSTAL CODE |
COUNTRY |
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ADD’L INFO RE |
1e. TYPE OF ORGANIZATION |
1f. JURISDICTION OF ORGANIZATION |
1g. ORGANIZATIONAL ID #, if any |
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ORGANIZATION |
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DEBTOR |
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NONE |
2.ADDITIONAL DEBTOR’S EXACT FULL LEGAL NAME - Insert only one debtor (2a or 2b) - do not abbreviate or combine names
2a. ORGANIZATION’S NAME
OR |
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2b. INDIVIDUAL’S LAST NAME |
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FIRST NAME |
MIDDLE NAME |
SUFFIX |
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2c. MAILING ADDRESS |
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CITY |
STATE |
POSTAL CODE |
COUNTRY |
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ADD’L INFO RE |
2e. TYPE OF ORGANIZATION |
2f. JURISDICTION OF ORGANIZATION |
2g. ORGANIZATIONAL ID #, if any |
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ORGANIZATION |
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DEBTOR |
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NONE |
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3.SECURED PARTY’S NAME (or NAME of TOTAL ASSIGNEE of ASSIGNOR S/P) - insert only one secured party name (3a or 3b) 3a. ORGANIZATION’S NAME
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FIRST NAME |
MIDDLE NAME |
SUFFIX |
3b. INDIVIDUAL’S LAST NAME |
3c. MAILING ADDRESS
CITY
STATE
POSTAL CODE
COUNTRY
4. This FINANCING STATEMENT covers the following collateral:
5. ALTERNATIVE DESIGNATION (if applicable): |
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LESSEE / LESSOR |
CONSIGNEE / CONSIGNOR BAILEE / BAILOR SELLER / BUYER |
AG. LIEN |
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6. |
This FINANCIAL STATEMENT is to be filed (for record) (or recorded) in the REAL |
7. Check to REQUEST SEARCH REPORT(S) on Debtor(s) |
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(ADDITIONAL FEE) (optional) |
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ESTATE RECORDS. Attach Addendum (if applicable) |
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All Debtors |
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Debtor 1 |
Debtor 2 |
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8. OPTIONAL FILER REFERENCE DATA
FILING OFFICE COPY - INDIANA UCC FINANCING STATEMENT
Instructions for National UCC Financing Statement (Form UCC1)
Fees Worksheet |
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1. |
First two pages are $4.00 |
$ |
4.00 |
2. |
Enter $4.00 if there are more than 2 pages, otherwise enter $0.00 |
$ _____________ |
.00 |
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Total (Pay this amount): |
$ _____________ |
.00 |
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NOTE: A statement filed in connection with a public finance transaction or mobile home transaction is $8.00 plus the amount above.
Please type or
Fill in form very carefully; mistakes may have important legal consequences. If you have questions, consult your attorney. Filing office cannot give legal advice.
Do not insert anything in the open space in the upper portion of this form; it is reserved for filing office use.
When properly completed, send Filing Office Copy, with required fee, to filing office. If you want an acknowledgment, complete item B and, if filing in a filing office that returns an acknowledgment copy furnished by filer, you may also send Acknowledgment Copy; otherwise detach. Always detach Debtor and Secured Party Copies.
If you need to use attachments, use
A. To assist filing offices that might wish to communicate with filer, filer may provide information in item A. This item is optional B. Complete item B to have an acknowledgment sent to you.
1.Debtor name: Enter only one Debtor name in item 1, an organization’s name (1a) or an individual’s name (1b). Enter debtor’s exact full legal name. Don’t abbreviate.
1a. Organization Debtor. “Organization” means any entity having a legal identity separate from its owner. A partnership is an organization; a sole proprietorship is not an organization, even if it does business under a trade name. If Debtor is a partnership, enter exact full legal name of partnership; you need not enter names of partners as additional Debtors. If Debtor is registered organization (e.g., corporation, limited partnership, limited liability company), it is advisable to examine Debtor’s current filed charter documents to determine Debtor’s correct name, organization type, and jurisdiction of organization.
1b. Individual Debtor. “Individual” means a natural person; this includes a sole proprietorship, whether or not operating under a trade name. Don’t use prefixes (Mr., Mrs., Ms.). Use suffix box only for titles of lineage (Jr., Sr., III) and not for other suffixes or titles (e.g., M.D.). Use married woman's personal name (Mary Smith, not Mrs. John Smith). Enter individual’s Debtor’s family name (surname) in Last Name box, first given name in First Name box, and all additional given names in Middle Name box.
For both organization and individual Debtors: Don’t use Debtor’s trade name, DBA, AKA, FKA, Division name, etc. in place of or combined with Debtor’s legal name; you may add such other names as additional Debtors if you wish (but this is neither required or recommended).
1c. An address is always required for the Debtor named in 1a or 1b.
1e,f,g. Additional information re organization Debtor” is always required. Type of organization and jurisdiction of organization as well as Debtor’s exact legal name can be determined from Debtor’s current filed charter document. Organization ID #, if any, is assigned by the agency where the charter document was filed; this is different from tax ID #; this should be entered proceeded by the
Note: If Debtor is a trust or a trustee acting with respect to properly held in trust, enter Debtor’s name in item 1 and attach Addendum (Form UCC1Ad) and check appropriate box in item 17. If Debtor is a decedent’s estate, enter name of deceased in individual in item 1b and attach Addendum (Form UCC1Ad) and check appropriate box in item 17. If Debtor is a transmitting utility or this Financing Statement is filed in connection with a Manufacture- Home Transaction or a
2.If an additional Debtor is included, complete item 2, determined and formatted per Instruction 1. To include further additional Debtors, or one or more additional Secured Parties, attach either Addendum (Form UCC1Ad) or other additional page(s), using correct name format. Follow Instruction 1 for determining and formatting additional names.
3.Enter information for Secured Party or Total Assignee, determined and formatted per Instruction 1. If there is more than one Secured Party, see Instruction 2. If there has been a total assignment of the Secured Party’s interest prior to filing this form, you may either (1) enter Assignor S/P’s name and address in item 3 and file an Amendment (Form UCC3) (see item 5 of that form); or (2) enter Total Assignee’s name and addressing item 3 and, if you wish, also attaching Addendum (Form UCC1Ad) giving Assignor S/P’s name and address in item 12.
4.Use item 4 to indicate the collateral covered by this Financing Statement. If space in item 4 is insufficient, put the entire collateral description or continuation of the collateral description on either Addendum (Form UCC1Ad) or other attached additional page(s).
5.If filer desires (at filer’s option) to use titles of lessee and lessor, or consignee and consignor, or seller and buyer (in the case of accounts or chattel paper), or bailee and bailor instead of Debtor and “Secured Party, check the appropriate box in item 5. If this is an agricultural lien (as defined in applicable Commercial Code) filing or is otherwise not a UCC security interest filing (e.g., a tax lien, judgement lien, etc.), check the appropriate box in item 5, complete items
and attach any other items required under other law.
6.If this Financing Statement is filed as a fixture filing or if the collateral consists of timber to be cut or
7.This item is optional. Check appropriate box in item 7 to request Search Report(s) on all or some of the Debtors named in this Financing Statement. The Report will list all Financing Statements on file against the designated Debtor on the date of the Report, including the Financing Statement. There is an additional fee for each Report. If you have checked a box in item 7, file Search Report Copy together with Filing Officer Copy (and Acknowledgment Copy). Note: Not all states do searches and not all states will honor a search request made via this form; some states require a separate request form.
8.This item is optional and is for filer’s use only. For filer’s convenience of reference, filer may enter in item 8 any identifying information (e.g., Secured Party’s loan number, law firm file number, Debtor’s name or other identification, state in which form is being filed, etc.) that filer may find useful.
UCC FINANCING STATEMENT ADDENDUM
State Form 50181
Approved by State Board of Accounts, 2001
FOLLOW INSTRUCTIONS (FRONT AND BACK) CAREFULLY.
9.NAME OF FIRST DEBTOR (1a or 1b) ON RELATED FINANCING STATEMENT 9a. ORGANIZATION’S NAME
OR |
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9b. INDIVIDUAL’S LAST NAME |
FIRST NAME |
MIDDLENAME,SUFFIX |
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10. MISCELLANEOUS |
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THE ABOVE SPACE IS FOR FILING OFFICE USE ONLY
11.ADDITIONAL DEBTOR’S EXACT FULL LEGAL NAME - Insert only one debtor (11a or 11b) - do not abbreviate or combine names
11a. ORGANIZATION’S NAME
OR |
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11b. INDIVIDUAL’S LAST NAME |
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FIRST NAME |
MIDDLE NAME |
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SUFFIX |
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11c. MAILING ADDRESS |
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CITY |
STATE |
POSTAL CODE |
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COUNTRY |
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ADD’L INFO RE |
11e. TYPE OF ORGANIZATION |
11f. JURISDICTION OF ORGANIZATION |
11g. ORGANIZATIONAL ID #, if any |
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ORGANIZATION |
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DEBTOR |
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NONE |
12. ADDITIONAL SECURED PARTY’S or |
ASSIGNOR S/P’S NAME - insert only one secured party name (12a or 12b) |
12a. ORGANIZATION’S NAME |
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OR |
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12b. INDIVIDUAL’S LAST NAME |
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FIRST NAME |
MIDDLE NAME |
SUFFIX |
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12c. MAILING ADDRESS |
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CITY |
STATE |
POSTAL CODE |
COUNTRY |
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13. |
This FINANCING STATEMENT covers |
timber to be cut |
16. Additional collateral description: |
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fixture filing. |
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Description of real estate: |
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15. Name and address of a RECORD OWNER of |
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(if Debtor does not have a record interest): |
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17. |
Check only if applicable and check only one box. |
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Debtor is a Trust or Trustee acting with respect to property held in trust or |
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Decedent’s Estate |
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18. Check only if applicable and check only one box. |
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Debtor is a TRANSMITTING UTILITY |
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Filed in connection with a |
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Filed in connection with a |
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FILING OFFICE COPY - INDIANA UCC FINANCING STATEMENT ADDENDUM |
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Instructions for National UCC Financing Statement Addendum (Form UCC1Ad)
9.Insert name of first Debtor shown on Financing Statement to which this Addendum is related, exactly as shown in item 1 of Financing Statement.
10.Miscellaneous: Under certain circumstances, additional information not provided on Financing Statement may be required. Also, some states have
11.If this Addendum add an additional Debtor, complete item 11 in accordance with Instruction 1 on Financing Statement. To add mor than one additional Debtor, either use an additional Addendum form for each additional Debtor or replicate for each additional Debtor the formatting of Financing Statement item 1 on an 8 1/2 X 11 inch sheet (showing at the top of the sheet the name of the first Debtor shown on the Financing Statement), and in either case give complete information for each additional Debtor in accordance with Instruction 1 on Financing Statement. All additional Debtor information, especially the name, must be presented in proper format exactly identical to the format of item 1 of Financing Statement.
12.If this Addendum adds an additional Secured Party, complete item 12 in accordance with Instruction 3 on Financing Statement. In the case of a total assignment of the Secured Party’s interest before the filing of this Financing Statement, if filer has given the name and address of the Total Assignee in item 3 of the Financing Statement, filer may give the Assignor S/P’s name and address in item 12.
16.Use this space to provide continued description of collateral, if you cannot complete description in item 4 of Financing Statement.
17.If Debtor is a trust or a trustee acting with respect to property held in trust or is a decedent’s estate, check the appropriate box.
18.If Debtor is a transmitting utility or if the Financing Statement relates to a
File Characteristics
| Fact Name | Details |
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| Form Purpose | The Indiana State Form 50181 is used to file a UCC Financing Statement, which secures interests in personal property. |
| Governing Law | This form is governed by the Indiana Uniform Commercial Code (UCC) as outlined in Indiana Code Title 26, Article 9. |
| Filing Fee | The standard fee for filing the first two pages is $4.00. Additional pages may incur extra charges. |
| Debtor Information | Only one debtor's full legal name should be entered in section 1, either as an organization or an individual. |
| Collateral Description | Section 4 requires a description of the collateral covered by the financing statement. If space is insufficient, use an addendum. |
| Search Report Option | Filing parties can request search reports on debtors for an additional fee, which lists all financing statements against the debtor. |
| Optional Reference Data | Filers can include optional reference data in section 8, such as loan numbers or identifying information for easier tracking. |
Essential Points on This Form
What is the Indiana State 50181 form used for?
The Indiana State 50181 form, also known as the UCC Financing Statement, is used to secure a creditor's interest in a debtor's collateral. This form is essential for establishing a legal claim against personal property, allowing creditors to protect their interests in the event of a debtor's default. It is commonly used in various transactions, including loans and leases, where a creditor needs assurance that they have a right to the specified collateral.
How do I complete the Indiana State 50181 form correctly?
Completing the Indiana State 50181 form requires careful attention to detail. Start by entering the exact legal name of the debtor, either an organization or an individual, without abbreviations. Ensure that you provide a complete mailing address. If there are additional debtors or secured parties, include their information as well. Clearly describe the collateral covered by the financing statement. If space is insufficient, attach an addendum. Follow the instructions on both the front and back of the form to avoid mistakes that could have significant legal implications.
What fees are associated with filing the Indiana State 50181 form?
The filing fee for the Indiana State 50181 form is $4.00 for the first two pages. If your filing exceeds two pages, an additional fee may apply. Certain transactions, such as public finance or mobile home transactions, incur a higher fee of $8.00 plus the standard filing fee. Always check the latest fee schedule before submitting your form to ensure compliance.
What should I do if I need to make changes after filing the form?
If you need to make changes to a filed Indiana State 50181 form, you must file an amendment using the UCC Amendment form (Form UCC3). This form allows you to update information such as the debtor's name, secured party details, or collateral description. It is crucial to file an amendment promptly to maintain accurate records and protect your interests. Failure to do so may result in complications regarding your secured status.
Misconceptions
Understanding the Indiana State 50181 form, also known as the UCC Financing Statement, is crucial for proper filing. However, several misconceptions can lead to errors in the process. Below is a list of common misconceptions along with clarifications.
- Misconception 1: Any name can be used for the debtor.
- Misconception 2: Multiple debtors can be listed in one section.
- Misconception 3: The form can be filled out in any format.
- Misconception 4: The secured party's name is optional.
- Misconception 5: Collateral descriptions can be vague.
- Misconception 6: The form does not require an address for the debtor.
- Misconception 7: Filing fees are the same for all types of transactions.
- Misconception 8: Legal advice can be obtained from the filing office.
It is essential to enter the debtor's exact full legal name. Abbreviations or combined names are not acceptable.
Only one debtor name should be entered in each debtor section. If there are additional debtors, use the designated sections for each.
The form must be typed or laser-printed to ensure legibility. Handwritten forms may be rejected.
Entering the secured party's name is mandatory. Only one secured party name should be listed in the appropriate section.
The collateral must be clearly described. If there is insufficient space, use an addendum to provide a complete description.
An address is always required for the debtor. This includes the city, state, postal code, and country.
Filing fees may vary based on the type of transaction. For example, a public finance transaction incurs a higher fee than standard filings.
The filing office cannot provide legal advice. It is recommended to consult an attorney for any legal questions regarding the form.
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