Conditions to filing initial financing statement or continuation statement under part.

  1. Law
  2. South Dakota Codified Laws
  3. Uniform Commercial Code
  4. Secured Transactions
  5. Conditions to filing initial financing statement or continuation statement under part.

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57A-9-708. Conditions to filing initial financing statement or continuation statement under part.

A person may file an initial financing statement or a continuation statement under this part if:

(1)The secured party of record authorizes the filing; and

(2)The filing is necessary under this part:

(A)To continue the effectiveness of a financing statement filed before July 1, 2001; or

(B)To perfect or continue the perfection of a security interest.

Source: SL 2000, ch 231.


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