This form is a memorandum detailing the release of a financing obligation and should be filed with the state filing office to clear the records once the obligation has been satisfied. This attorney-prepared packet contains: Information on Release of UCC Financing Statements. Release of UCC Financing Statement form.
What is MANDATE? In practice. A Judicial command or precept proceeding from a court or judicial officer, directing the proper officer to enforce a judgment, sentence, or decree. Seaman v. Clarke, 60 App. Div. 416, 69 N. Y. Supp. 1002; Horton v. State, 63 Neb. 34, 88 N. W. 146.
The mandatary is bound to the exercise of slight diligence, and is responsible for gross neglect. The fact that the mandator derives no benefit from the acts of the mandatary is not of itself evidence of gross negligence. Richardson v. Futrell, 42 Miss. 525; Williams v. Conger, 125 U. S. 397, 8 Sup. Ct. 933, 31 L Ed. 778. A mandate, procuration, or letter of attorney is an act by which one person gives power to another to transact for him and in his name one or several affairs.