S.D. Codified Laws § 47-21-46.2

Current with legislation signed by the governor on or before 3/6/2024
Section 47-21-46.2 - Filing required under chapter 57A-9 to be maintained in Office of Secretary of State-Contents of financing statement-Termination of effectiveness

Notwithstanding any provision to the contrary in chapter 57A-9, any filing required under the uniform commercial code in order to perfect a security interest against the personal property or fixtures of a debtor rural electric cooperative shall be made and maintained in the Office of the Secretary of State. If the financing statement covers goods of a debtor rural electric cooperative which are or are to become fixtures, no description of the real estate or the name of the record owner thereof is required. Filing of a financing statement against the property of a debtor rural electric cooperative is effective until released or terminated.

SDCL 47-21-46.2

SL 2009, ch 233, §2.