05:04:04:19UCC
Section · Administrative Rules of South Dakota · View on sdlegislature.gov ↗
information management system -- Initial financing statement. Upon the filing of an initial financing statement the status of each party shall be made. A secured party may not be one in the same as the debtor of record.
Source: 28 SDR 23, effective July 18, 2001; 42 SDR 177, effective June 30, 2016.