South Dakota § 57A-9-506 - Substantial compliance with requirements.
Full text of South Dakota South Dakota Codified Laws § 57A-9-506 — Substantial compliance with requirements., with citation guidance and answers to common questions.
§ 57A-9-506. Substantial compliance with requirements.
(a) A financing statement substantially satisfying the requirements of this part is effective, even if it has minor errors or omissions, unless the errors or omissions make the financing statement seriously misleading.
(b) Except as otherwise provided in subsection (c), a financing statement that fails sufficiently to provide the name of the debtor in accordance with § 57A-9-503(a) is seriously misleading.
(c) If a search of the records of the filing office under the debtor's correct name, using the filing office's standard search logic, if any, would disclose a financing statement that fails sufficiently to provide the name of the debtor in accordance with § 57A-9-503(a), the name provided does not make the financing statement seriously misleading.
(d) For purposes of § 57A-9-508(b), the "debtor's correct name" in subsection (c) means the correct name of the new debtor.
Source: SL 2000, ch 231.
Source: official South Dakota text · Last verified 2026-08-27
Frequently Asked Questions About South Dakota § 57A-9-506
What does South Dakota Codified Laws § 57A-9-506 cover?
Section 57A-9-506 ("Substantial compliance with requirements.") is part of the South Dakota Codified Laws, the codified statutory law of South Dakota. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite South Dakota § 57A-9-506?
A common citation format is "South Dakota Codified Laws § 57A-9-506" (South Dakota). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of South Dakota law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the South Dakota official source linked on this page or consult a licensed South Dakota attorney.
How does South Dakota § 57A-9-506 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in South Dakota can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in South Dakota.