Statutes, codes, and regulations
South Dakota Codified Laws
Title 4 - PUBLIC FISCAL ADMINISTRATION
Chapter 6A - INSURANCE OF PUBLIC DEPOSITS
Section 4-6A-15 - Reimbursement of public depositors from proceeds of assessments

S.D. Codified Laws § 4-6A-15

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Current through the 2024 Legislative Session
Section 4-6A-15 - Reimbursement of public depositors from proceeds of assessments

Upon receipt of assessment payments under § 4-6A-14, the Public Deposit Protection Commission shall reimburse the public depositors of the qualified public depository in which the loss occurred to the extent of the depository's net deposit liability to them.

SDCL 4-6A-15

SL 1974, ch 39, § 9 (5); SL 1986, ch 44, § 10.