{"data":{"id":"us-sd/sdcl-57a-9-512","jurisdiction":"us-sd","citation":"SDCL § 57A-9-512","heading":"Procedure for amending financing statement--Effectiveness.","body":"(a) Subject to § 57A-9-509, a person may add or delete collateral covered by, continue or terminate the effectiveness of, or, subject to subsection (e), otherwise amend the information provided in, a financing statement by filing an amendment that:\n(1) Identifies, by its file number, the initial financing statement to which the amendment relates and either the social security number or internal revenue service taxpayer identification number of the debtor; and\n(2) If the amendment relates to an initial financing statement filed or recorded in a filing office described in § 57A-9-501(a)(1), provides the date and time that the initial financing statement was filed or recorded and the information specified in § 57A-9-502(b).\n(b) Except as otherwise provided in § 57A-9-515, the filing of an amendment does not extend the period of effectiveness of the financing statement.\n(c) A financing statement that is amended by an amendment that adds collateral is effective as to the added collateral only from the date of the filing of the amendment.\n(d) A financing statement that is amended by an amendment that adds a debtor is effective as to the added debtor only from the date of filing of the amendment.\n(e) An amendment is ineffective to the extent it:\n(1) Purports to delete all debtors and fails to provide the name of a debtor to be covered by the financing statement; or\n(2) Purports to delete all secured parties of record and fails to provide the name of a new secured party of record.\nSource: SL 2000, ch 231.","path":["TITLE 57A. UNIFORM COMMERCIAL CODE","CHAPTER 57A-9. SECURED TRANSACTIONS"],"source_url":"https://sdlegislature.gov/Statutes/57A-9-512","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"8754d74f7e0bca8639f34f85abbb904ac23375d0b3dbeb249404fc83df817311","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-57a-9-511","next":"us-sd/sdcl-57a-9-513"},"notice":"GroundRules: Original legal text. Not legal advice."}