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Free Idaho N1 Form

The Idaho N1 form is a document used to file a financing statement in the state of Idaho, specifically for recording a security interest against a debtor. This form requires detailed information about the debtor, the secured party, and the property involved. Proper completion and submission of the N1 form are essential for establishing and maintaining legal claims on the specified assets.

The Idaho N1 form is a crucial document for anyone looking to establish a security interest in personal property. This form is primarily used to file a financing statement, which notifies other parties of a creditor's claim against a debtor's assets. When completing the Idaho N1 form, it is essential to provide accurate information, including the names and addresses of the debtor and the secured party. Each debtor’s name must be entered precisely as it will be indexed, and if there are more than four debtors, additional sheets can be attached. After the obligation is fulfilled, the secured party must complete a Termination Statement to officially release the security interest. Filing the original form with the Secretary of State’s UCC Division is mandatory, and a copy should be kept for personal records. This process ensures that all parties are aware of the claims and helps maintain transparency in financial transactions.

Document Example

STATE OF IDAHO - COUNTY MEDICAL - FORM N1

Mail to:

Secretary of State

 

 

UCC Division

Telephone: 208-334-3191

 

70045 WN 4thJefferson

 

 

 

PO Box 83720

Fax: 208-334-2847

 

Boise ID 83720-0080

 

Instructions:

1.Please type and sign this form in black.

2.File only the original. Make copies for your file. The original will be returned as your acknowledgment.

3.Enter only one debtor’s name or assumed name per debtor block exactly as it is to be indexed. If more than four names, use an attached sheet.

4.When the obligation has been satisfied, complete the Termination Statement and return the original to the filing officer.

blockThis Filingfor useOffice .only

Name or business name of each debtor against whom the lien is claimed, and the address of each.

1

Organization or Indiv. Last Name

 

First Name

Middle Name

 

Suffix

 

 

 

 

 

 

 

 

 

 

 

Address

 

City

State

Zip

 

 

 

 

 

 

 

2

Organization or Indiv. Last Name

 

First Name

Middle Name

 

Suffix

 

 

 

 

 

 

 

 

 

 

 

 

Address

 

City

State

Zip

 

 

 

 

 

 

 

3

Organization or Indiv. Last Name

 

First Name

Middle Name

 

Suffix

 

 

 

 

 

 

 

Address

 

City

State

Zip

 

 

 

 

 

 

 

4

Organization or Indiv. Last Name

 

First Name

Middle Name

 

Suffix

 

 

 

 

 

 

 

 

 

 

 

 

Address

 

City

State

Zip

 

 

 

 

 

 

 

 

 

Secured Party Name and Address

 

 

 

Organization or Indiv. Last Name

Address

First Name

Middle Name

 

 

City

State

 

Zip

 

 

 

 

 

 

 

 

 

Assignee Name and Address

Organization or Indiv. Last Name

First Name

Middle Name

Address

City

State

Zip

Acknowledgment Name and Address, if not Secured Party

Organization or Indiv. Last Name

First Name

Middle Name

Address

City

State

Zip

This financing statement covers the following types or items of property:

Signature of Secured Party:

TERMINATION STATEMENT

The Secured Party no longer claims a security interest under the financing statement.

Signature of Secured Party / Assignee of Record

Date

Rev. 07/2001

Form Specifics

Fact Name Description
Governing Law The Idaho N1 form is governed by the Idaho Uniform Commercial Code (UCC), specifically under Title 28, Chapter 9.
Filing Requirements Only the original form should be filed. It is important to make copies for personal records, as the original will be returned as acknowledgment.
Debtor Information Each debtor's name must be entered exactly as it should be indexed. If there are more than four names, an additional sheet is required.
Termination Statement Upon satisfaction of the obligation, a Termination Statement must be completed and returned to the filing officer to indicate the end of the security interest.
Signature Requirement The form must be typed and signed in black ink by the secured party to ensure its validity.
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