Indication of collateral
Known as the Uniform Commercial Code
The act spans §§ 36–36 (519 sections).
Applied in 11 court decisions — leading case Brockbank v. Best Capital Corp. (2000)
Most recently applied in 593 F. Supp. 2d 834 - Braunstein v. Pickens (January 2009)
1962 Code SECTION 10.9-504; 1966 (54) 2716; 1988 Act No. 494, SECTION 5; 2001 Act No. 67, SECTION 12.
Court decisions citing this, by year. The dip in the last several years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the most recent years, so recent citations are undercounted.
A financing statement sufficiently indicates the collateral that it covers if the financing statement provides:
(1) a description of the collateral pursuant to Section 36-9-108; or
(2) an indication that the financing statement covers all assets or all personal property.
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.