Correction statement definition

Correction statement means a UCC record that indicates a financing statement is inaccurate or wrongfully filed.
Correction statement means a UCC document that purports to indicate that a financing statement is inaccurate or wrongfully filed.
Correction statement means a UCC record, filed before July 1, 2013, that indicates that a financing statement is inaccurate or wrongfully filed.

Examples of Correction statement in a sentence

  • The Volume Correction statement is not required on the printed tickets for refuellers and fuel dispensers.


More Definitions of Correction statement

Correction statement. The meaning as defined in Section 2.5.
Correction statement means a written statement that purports to indicate that a financing statement is inaccurate or wrongfully filed.
Correction statement means a UCC record filed by the debtor to indicate that a financing statement is inaccurate or wrongfully filed.
Correction statement means a statement of corrective details furnished in relation to a statement previously supplied;
Correction statement means a record that purports to indicate that a financing statement is inaccurate or wrongfully filed.
Correction statement means a UCC document that pur­ ports to indicate that a financing statement is inaccurate or wrongfully filed.
Correction statement. Event of Default", "Interest", "Obligation", "Parties", "Payors", "Purchased Accounts", "UCC" shall have the same meaning as defined in the Factoring and Security Agreement dated and entered into by the Parties.