A financing statement sufficiently indicates the collateral that it covers if the financing statement provides:

(1) a description of the collateral pursuant to § 36-9-108; or

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Terms Used In South Carolina Code 36-9-504

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Personal property: All property that is not real property.

(2) an indication that the financing statement covers all assets or all personal property.