S.D. Admin. R. 5:04:04:25

Current through Register Vol. 51, page 67, December 16, 2024

Section 5:04:04:25 - UCC information management system - Termination

The filing office may not remove a debtor's name from the index until one year after the effectiveness of a financing statement naming the debtor lapses under §57A-9-515 with respect to all secured parties of record.

S.D. Admin. R. 5:04:04:25

28 SDR 23, effective 7/18/2001; 42 SDR 177, effective 6/30/2016

General Authority: SDCL 57A-9-526.

Law Implemented: SDCL 57A-9-525.2, 57A-9-515, 57A-9-519(g).