The name of an organization as a debtor or a secured party on a UCC record shall be completed as follows:
- (1) Single field. The name of each organization is stored in a file that includes only the names of the organization and not the names of any individual. A single field is used to store an organization name; and
- (2) Truncation of organization names. The organization name field in the UCC database is fixed in length. The maximum length is 256 characters. Although filers shall continue to provide a full name on the UCC record, a name that exceeds the fixed length is entered as presented to the filing officer, up to the maximum length of the data entry field.
Source: 28 SDR 23, effective July 18, 2001 ; 42 SDR 177, effective June 30, 2016 .
General Authority: SDCL 57A-9-526.
Law Implemented: SDCL 57A-9-525.2.
Prior versions effective: 2001-07-18.