Statutes, codes, and regulations
South Dakota Codified Laws
Title 51A - BANKS AND BANKING
Chapter 15 - SUSPENSION AND LIQUIDATION OF BANKS
Section 51A-15-4 - Resignation of fiduciary positions and settlement of accounts on voluntary liquidation

S.D. Codified Laws § 51A-15-4

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Current through the 2024 Legislative Session
Section 51A-15-4 - Resignation of fiduciary positions and settlement of accounts on voluntary liquidation

As soon after approval as may be practicable the bank shall resign all fiduciary positions and take such action as may be necessary to settle its fiduciary accounts.

SDCL 51A-15-4

SL 1969, ch 11, § 13.2 (3); SDCL, § 51-27-4.