Current Status Introducing Body:Senate Bill Number:1300 Ratification Number:406 Act Number:357 Primary Sponsor:McConnell Type of Legislation:GB Subject:Commercial Code, financial statement provisions Companion Bill Number:4410 Date Bill Passed both Bodies:Apr 28, 1992 Computer Document Number:CYY/18791.SD Governor's Action:S Date of Governor's Action:May 04, 1992 Introduced Date:Feb 13, 1992 Last History Body:------ Last History Date:May 04, 1992 Last History Type:Act No. 357 Scope of Legislation:Statewide All Sponsors:McConnell Stilwell Rose Moore Leventis Bryan Robert W. Hayes Jr. Courtney Wilson Type of Legislation:General Bill
Bill Body Date Action Description CMN ---- ------ ------------ ------------------------------ --- 1300 ------ May 04, 1992 Act No. 357 1300 ------ May 04, 1992 Signed by Governor 1300 ------ Apr 30, 1992 Ratified R 406 1300 House Apr 28, 1992 Read third time, enrolled for ratification 1300 House Apr 23, 1992 Read second time 1300 House Apr 09, 1992 Recalled from Committee 25 1300 House Mar 25, 1992 Introduced, read first time, 25 referred to Committee 1300 Senate Mar 24, 1992 Read third time, sent to House 1300 Senate Mar 19, 1992 Read second time, ordered to third reading with notice of general amendments 1300 Senate Mar 18, 1992 Committee Report: Favorable 11 1300 Senate Feb 13, 1992 Introduced, read first time, 11 referred to CommitteeView additional legislative information at the LPITS web site.
(A357, R406, S1300)
AN ACT TO AMEND SECTION 36-9-402, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE REQUISITES OF A FINANCING STATEMENT UNDER THE UNIFORM COMMERCIAL CODE, SO AS TO FURTHER PROVIDE FOR CERTAIN CIRCUMSTANCES UNDER WHICH A FINANCING STATEMENT IS CONSIDERED SUFFICIENT.
Be it enacted by the General Assembly of the State of South Carolina:
When a financing statement is sufficient
SECTION 1. Section 36-9-402(2)(d) of the 1976 Code is amended to read:
"(d) collateral acquired after a change of name, identity, or corporate structure of the creditor or the debtor (subsection (7))."
Time effective
SECTION 2. This act takes effect upon approval by the Governor.
Approved the 4th day of May, 1992.