There is a newer version of the South Dakota Codified Laws
2012 South Dakota Codified Laws
Title 51A BANKS AND BANKING
Chapter 06A. Creation Of Trust Companies
§51A-6A-51 Necessity of execution or delivery of deed for merger or consolidation.
SD Codified L § 51A-6A-51 (through 2012) What's This?
51A-6A-51. Necessity of execution or delivery of deed for merger or consolidation. When a merger or consolidation of any trust company occurs, the successor consolidated trust company or bank becomes the owner of, and entitled to, the possession of all rights, franchises, and interests, real estate, and personal property as is covered by the merger or consolidation agreement without the necessity of the execution or delivery of a deed or other form of transfer.
Source: SL 1995, ch 268, § 49.
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