S.D. Admin. R. 5:04:04:29

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

Section 5:04:04:29 - Search requests and reports - Rules applied to search requests

Search results are produced by the application of standardized search logic to the name presented to the filing officer. The following apply to searches:

(1) There is no limit to the number of matches that may be returned in response to the search criteria;

(2) No distinction is made between upper and lower case letters;

(3) Punctuation marks and accents are disregarded; and

(4) Words and abbreviations at the end of a name that indicate the existence or nature of an organization as set forth in the Ending Noise Words. The following words and abbreviations indicate the existence or nature of an entity. These business endings shall be ignored in a UCC search:

IACA List of Ending Noise Words

Agency	Incorporated	Professional Corporation
Association	Inc	Prof Corp
Assn	Limited	PC
Associates	Ltd	Professional Limited Liability Company
Assc	Ltee	Professional Limited Liability Co
Assoc	Limited Liability Company	PLLC
Attorneys at Law	LC	Railroad
Bank	LLC	RR
National Bank	Limited Liability Partnership	Real Estate Investment Trust
Business Trust	LLP	REIT
Charter	Limited Partnership	Registered Limited Liability Partnership
Chartered	LP	RLLP
Company	Medical Doctors Professional Association	Savings Association
Co	MDPA	SA
Corporation	Medical Doctors Professional Corporation	Service Corporation
Corp	MDPC	SC
Credit Union	National Association	Sole Proprietorship
CU	NA	SP
Federal Savings Bank	Partners	SPA
FSB	Partnership	Trust
General Partnership	Professional Association	Trustee
Gen part	Prof Assn	As Trustee
GP	PA

(5) The word "the" at the beginning of the search criteria is disregarded;

(6) All spaces are disregarded;

(7) For first and middle names of individuals, initials are treated as the logical equivalent of each name that begins with such initial, and first name and no middle name or initial is equated with all middle names and initials. For example, a search request for "John A. Smith" shall cause the search to retrieve each filing against each individual debtor with "John" or the initial "J" as the first name, "Smith" as the last name, and with the initial "A" or any name beginning with the letter "A" in the middle name field. If the search request were for "John Smith" (first and last names with no designation in the middle name field), the search shall retrieve each filing against each individual debtor with "John" or the initial "J" as the first name, "Smith" as the last name and with any name or initial or no name or initial in the middle name field; and

(8) After using the preceding rules to modify the name to be searched, the search shall reveal only the name of each debtor that is contained in unlapsed financing statements and exactly match the name requested, as modified.

S.D. Admin. R. 5:04:04:29

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.

IACA List of Ending Noise Words, 2001, International Association of Corporation Administrators.