Are there any exceptions to the requirement of filing a UCC-1 form for Aunt Millies Bakeries?

According to Aunt Millies Bakeries' 2025 Franchise Disclosure Document, a UCC-1 form is generally required. The document mentions that the distributor agrees to execute Aunt Millie's Bakeries Security Agreement and financing statements to evidence the security interest granted to Aunt Millie's Bakeries.

Exhibit B and Exhibit H in the FDD reference UCC-1 forms as representative samples of financing documents. Specifically, Exhibit B refers to "Financing Documents from First Capital Acceptance Corp." and includes a "UCC-1 (Representative Sample)." Similarly, Exhibit H includes "(2) UCC-1 (Representative Sample)" under the heading of documents related to the Aunt Millie's Bakeries Security Agreement.

However, the excerpt does not explicitly detail any specific exceptions to the requirement of filing a UCC-1 form. It indicates that the distributor grants a security interest to Aunt Millie's Bakeries and agrees to execute the necessary documents to evidence this interest. To determine if there are any exceptions, a prospective franchisee should directly ask Aunt Millie's Bakeries about specific circumstances where a UCC-1 filing might not be required.