(a) Except as otherwise provided in subsection (b) and § 36-9-312(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:

Terms Used In South Carolina Code 36-9-310

  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Statute: A law passed by a legislature.

(1) that is perfected under § 36-9-308(d), (e), (f), or (g);

(2) that is perfected under § 36-9-309 when it attaches;

(3) in property subject to a statute, regulation, or treaty described in § 36-9-311(a);

(4) in goods in possession of a bailee which is perfected under § 36-9-312(d)(1) or (2);

(5) in certificated securities, documents, goods, or instruments which are perfected without filing, control, or possession under § 36-9-312(e), (f), or (g);

(6) in collateral in the secured party’s possession under § 36-9-313;

(7) in a certificated security which is perfected by delivery of the security certificate to the secured party under § 36-9-313;

(8) in deposit accounts, electronic chattel paper, electronic documents, investment property, or letter-of-credit rights which is perfected by control under § 36-9-314;

(9) in proceeds which is perfected under § 36-9-315; or

(10) that is perfected under § 36-9-316.

(c) If a secured party assigns a perfected security interest or agricultural lien, a filing under this article is not required to continue the perfected status of the security interest against creditors of and transferees from the original debtor.