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Oregon UCC GL 2 Certificate of Satisfaction of Discharge of Grain Producers Lien Oregon  Form

Oregon UCC GL 2 Certificate of Satisfaction of Discharge of Grain Producers Lien Oregon Form

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What is the Oregon UCC GL 2 Certificate Of Satisfaction Of Discharge Of Grain Producers Lien Oregon

The Oregon UCC GL 2 Certificate Of Satisfaction Of Discharge Of Grain Producers Lien is a legal document used to acknowledge the satisfaction and discharge of a lien placed on grain producers. This certificate serves as proof that any outstanding obligations or debts secured by the lien have been fulfilled. It is an essential form for grain producers in Oregon, ensuring that their financial records are clear and that they are no longer encumbered by the lien.

How to use the Oregon UCC GL 2 Certificate Of Satisfaction Of Discharge Of Grain Producers Lien Oregon

This certificate is utilized by grain producers and lienholders to formally document the release of a lien. Once the lien has been satisfied, the lienholder must complete the form, including relevant details such as the names of the parties involved, the original lien information, and the date of satisfaction. After filling out the form, it should be submitted to the appropriate state office to officially record the discharge.

Steps to complete the Oregon UCC GL 2 Certificate Of Satisfaction Of Discharge Of Grain Producers Lien Oregon

Completing the Oregon UCC GL 2 Certificate Of Satisfaction Of Discharge Of Grain Producers Lien involves several key steps:

  1. Gather necessary information, including the original lien details and the parties' names.
  2. Fill out the certificate accurately, ensuring all required fields are completed.
  3. Sign the document, which may require notarization depending on the circumstances.
  4. Submit the completed form to the appropriate state office for recording.

Legal use of the Oregon UCC GL 2 Certificate Of Satisfaction Of Discharge Of Grain Producers Lien Oregon

This certificate is legally recognized as a formal release of the lien, which means it can be used in various legal contexts, such as resolving disputes or clarifying ownership rights. It is crucial for grain producers to ensure that this document is properly executed and filed to maintain accurate records and protect their interests.

Key elements of the Oregon UCC GL 2 Certificate Of Satisfaction Of Discharge Of Grain Producers Lien Oregon

Key elements of the Oregon UCC GL 2 Certificate include:

  • The names and addresses of the lienholder and the grain producer.
  • The original lien number and date of filing.
  • A statement confirming the satisfaction of the lien.
  • The date of the discharge.
  • Signatures of the parties involved.

State-specific rules for the Oregon UCC GL 2 Certificate Of Satisfaction Of Discharge Of Grain Producers Lien Oregon

In Oregon, specific rules govern the use and filing of the UCC GL 2 Certificate. It is essential for users to comply with state regulations, including the requirement for notarization in certain cases. Additionally, the form must be filed with the Secretary of State's office to ensure official recognition of the lien's discharge.

Quick guide on how to complete oregon ucc gl 2 certificate of satisfaction of discharge of grain producers lien oregon

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