Forms, usually standard UCC-1 forms, that are required by Article 9 of the UCC to be recorded in a designated public location in order to perfect a creditor's lien in personal property collateral. The financing statement is used as a vehicle for a public recording that establishes lien priority — it does not normally constitute the actual agreement between the secured party and the debtor. For that reason, the financing statement by itself does not create a security interest and must therefore be supported by a separate security agreement or pledge agreement.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). financing statements. Retrieved September 20, 2026, from http://smartdefine.org/financing_statements/definitions/1154019 |
| Chicago | Barry Goldsmith. 2010. "financing statements" http://smartdefine.org/financing_statements/definitions/1154019 (accessed September 20, 2026). |
| Harvard | Barry Goldsmith 2010, financing statements, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/financing_statements/definitions/1154019>. |
| MLA | Barry Goldsmith. "financing statements" 21 October 2010. Web. 20 September 2026. <http://smartdefine.org/financing_statements/definitions/1154019> |