When filing required to perfect security interest or agricultural lien--Security interests and agricultural liens to which filing provisions do not apply

SDCL § 57A-9-310 — under SECURED TRANSACTIONS.

SDCL § 57A-9-310

(a) Except as otherwise provided in subsection (b) and § 57A-9-312 (b), a financing statement must be filed to perfect all security interests and agricultural liens. (b) The filing of a financing statement is not necessary to perfect a security interest: (1) That is perfected under § 57A-9-308 (d), (e), (f), or (g); (2) That is perfected under § 57A-9-309 when it attaches; (3) In property subject to a statute, regulation, or treaty described in § 57A-9-311 (a); (4) In goods in possession of a bailee which is perfected under § 57A-9-312 (d)(1) or (2); (5) In certificated securities, documents, goods, or instruments which is perfected without filing, control, or possession under § 57A-9-312 (e), (f), or (g); (6) In collateral in the secured party's possession under § 57A-9-313 ; (7) In a certificated security which is perfected by delivery of the security certificate to the secured party under § 57A-9-313 ; (8) In controllable accounts, controllable electronic records, controllable payment intangibles, deposit accounts, investment property, or letter-of-credit rights which is perfected by control under § 57A-9-314 ; (8.1) In chattel paper which is perfected by possession and control under § 57A-9-314.1 ; (9) In proceeds which is perfected under § 57A-9-315 ; (10) That is perfected under § 57A-9-316 ; or (11) Subject to §§ 49-34-11 to 49-34-11.4 , inclusive. (c) If a secured party assigns a perfected security interest or agricultural lien, a filing under this chapter is not required to continue the perfected status of the security interest against creditors of and transferees from the original debtor. Source: SL 2000, ch 231 ; SL 2009, ch 254 , § 830; SL 2024, ch 198 , § 60.