<html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 49-34-11.2 - Perfection of security interest in personal property or fixtures of public utility--Filing requirements and effectiveness. </title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2070656Normal { margin-top: 0; margin-bottom: 0; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2070656SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2070656CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2070656Normal-000000 { margin-top: 0; margin-bottom: 0; text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2070656DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2070656000001 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2070656SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2070656SCL-000002 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } body { text-decoration-skip-ink: none; } </style></head><body><div><p dir="ltr" class="s2070656Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=49-34-11.2"><span class="s2070656SENU">49-34-11.2</span></a><span xml:space="preserve" class="s2070656SENU">. </span><span class="s2070656CL">Perfection of security interest in personal property or fixtures of public utility--Filing requirements and effectiveness.</span></p><p dir="ltr" class="s2070656Normal-000000"><span xml:space="preserve" class="s2070656DefaultParagraphFont">Notwithstanding §§ </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=57A-9-302"><span class="s2070656DefaultParagraphFont">57A-9-302</span></a><span xml:space="preserve" class="s2070656DefaultParagraphFont">, </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=57A-9-401"><span class="s2070656DefaultParagraphFont">57A-9-401</span></a><span xml:space="preserve" class="s2070656DefaultParagraphFont">, </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=57A-9-402"><span class="s2070656DefaultParagraphFont">57A-9-402</span></a><span xml:space="preserve" class="s2070656DefaultParagraphFont">, and </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=57A-9-403"><span class="s2070656DefaultParagraphFont">57A-9-403</span></a><span class="s2070656DefaultParagraphFont">, all filings required under the uniform commercial code in order to perfect a security interest against the personal property or fixtures of a debtor public utility shall be made and maintained in the Office of the Secretary of State. If the financing statement covers goods of a debtor public utility 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 public utility is effective until released or terminated.</span></p><p dir="ltr" class="s2070656Normal"><span xml:space="preserve" class="s2070656000001"> </span></p><p dir="ltr" class="s2070656Normal"><span class="s2070656SCL">Source:</span><span xml:space="preserve" class="s2070656SCL-000002"> SL 1989, ch 402, § 3.</span></p></div></body></html>