There is a newer version of the South Dakota Codified Laws
2011 South Dakota Code
Title 51A BANKS AND BANKING
Chapter 15. Suspension And Liquidation Of Banks
§51A-15-4 Resignation of fiduciary positions and settlement of accounts on voluntary liquidation.
SD Codified L § 51A-15-4 (through 2011) What's This?
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.
Source: SL 1969, ch 11, § 13.2 (3); SDCL, § 51-27-4.
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