SOURCE: Security light is on in
This car is equipped with Passlock antitheft security by GM. You dont have a chip, but there is a transponder in the key head. This system is known to fail. The fact that the security light is on proves the failure of the Passlock and why it wont run. The hard part is finding out which part of the passlock system has failed. Read this link for info and DO IT YOURSELF solutions to the problem.
http://vatspasslockpasskeysecurityhelp.yolasite.com/
SOURCE: my security light stays on & won't let my 99 gmc 6.5 diesel sierra start any solutions
Yes, the system is called Passlock, and malfunctions regularly. Go to this link for an explanation of how it works, plus some tricks and tips on how to reset it, or bypass it.
http://vatspasslockpasskeysecurityhelp.yolasite.com/
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