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Steps-For UCC Contract Trust

Steps-For UCC Contract Trust

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Published by: alanbwilliams on Dec 12, 2011
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05/21/2013

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Steps for establishing a “UCC Contract Trust” 1.) 2.

) File UCC-1 financing statement in birth state/UCC region of secured party File with Secretary of the Treasury (SoT) @ 1500 Pennsylvania NW, Washington, D.C. 20229 (reference UCC Contract Trust) following documents: a. b. c. d. 3.) UCC-1 Financing Statement Instruction Notice (Chargeback) 1040 ES form Birth certificate stamped “Accepted for Value”

File a UCC financing statement and addendum with the UCC office in resident State if not previously.

Steps for Discharging Claims Once the above is done, you are ready to discharge claims in the “Public” sector. This is accomplished by presenting a Bonded Registered Bill of Exchange directly to the Secretary of the Treasury. The bill is processed through the “UCC Contract Trust”. Via the IRS or more specifically the Technical Support Division of the IRS. 1.) Present two BOE’s a.) original Bill of Exchange (BoE) and b b.) a copy of the same BoE stamped with “Accepted for Value”. 2.) Send it via Certified Mail Return Receipt to SoT for discharge. The Green Card Tracking # is your document registration # as well as the “Treasury Tax & Loan Account” number. If there is no written dishonor or return within 15 calendar days from receipt date , then the transaction is acknowledged as “not dishonored” and now stands as pre-approved. These docs now become notification forms of available credit for the bank. During these 15 days the UCC Trust Account is credited and its equity pre-approved for acceptance through the TT&L Account. In accordance and mandated by the Administrative Procedures Act at Title 15 USC §706. 3.) Any claim or commercial transaction presented to the SoT or Federal Reserve Bank is automatically bonded. 4.) On day 16 from receipt date, tender copies of the following to the processing bank: a.) Return Certified Mail Receipt b.) Copy of the NDI sent to SoS in #2 above.

c.) Silver Surety Bond (to be posted at the processing bank in accordance with CFR 31 at part 203) to a custodial deposit account d.) Upon receipt of the above the bank is legally authorized to place a credit on its TT&L account with the amount of the NDI, followed by a debit for the same amount. This leaves the account initially unfunded. e.) Obtain receipt for the credit/debit transaction from bank. 5.) Prepare three packages containing copies of:: a.) credit/debit transactions b.) “Stamped” NDI of the NDI sent to SoT c.) Silver Surety Bond if required 6.) Give to bank for them to transmit each package to a.) Secretary of the Treasury b.) IRS Chief of Special Handling Procedures c.) Chief of Special Procedure Handling at the office of the Regional Administrator of the TT&L account where the Bank’s registry are mailed. d.) Bank transmits each package that provide legal dated proof of receipt 7.) On day 16 from last receipt date funds flow from the UCC Contract Trust Account through the TT&L to the Bank’s Holding Account. If no objection, rejection or dishonor from any Party at Interest within the previous 15 days then the credit on the Bank’s ledger is authorized as approved and irreversibly funded. This in accordance with Administrative Procedure Act at Title 5 USC §706 etc. 8.) With expiration of the hold period the Bank’s equity is cleared and validated and credits the account of the claimant to discharge the claim.

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