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2017 South Dakota Codified Laws
Title 51A - BANKS AND BANKING
Chapter 15 - Suspension And Liquidation Of Banks
- § 51A-15-1 Voluntary liquidation--Requirements for approval.
- § 51A-15-2 Ceasing to do business and winding up affairs on voluntary liquidation.
- § 51A-15-3 Notice of voluntary liquidation--Manner of publication--Contents.
- § 51A-15-4 Resignation of fiduciary positions and settlement of accounts on voluntary liquidation.
- § 51A-15-5 Disposition of safe deposit on voluntary liquidation.
- § 51A-15-6 Depositor's or creditor's rights not impaired by voluntary liquidation--Return of safe deposit rental.
- § 51A-15-7 Distribution of assets after discharge of obligations on voluntary liquidation--Disposition of unclaimed distributions.
- § 51A-15-8 Authority of director to take possession of bank in voluntary liquidation.
- § 51A-15-9 Reports of progress in voluntary liquidation--Order and certificate of dissolution.
- § 51A-15-10 Cancellation of voluntary liquidation.
- § 51A-15-11 Director's authority to suspend activities and take possession of bank--Grounds.
- § 51A-15-12 "Insolvent" defined.
- § 51A-15-13 Receipt of deposits by insolvent bank unlawful--Felony.
- § 51A-15-14 Notice of suspension and possession.
- § 51A-15-15 Management and control powers of director in possession.
- § 51A-15-16 Circuit court jurisdiction of proceedings--Venue.
- § 51A-15-17 Change of venue.
- § 51A-15-18 Director's appointment of Federal Deposit Insurance Corporation as receiver in liquidation proceedings.
- § 51A-15-19 Powers of Federal Deposit Insurance Corporation as receiver in liquidation proceedings--Actions to recover money damages.
- § 51A-15-20 Postponement of limitation periods on director's taking actions.
- § 51A-15-21 Director's authority to take action in emergency without majority consent of commission.
- § 51A-15-22 Applications to enjoin director from suspending activities and taking possession of bank.
- § 51A-15-23 Proceedings exempt from open meetings and administrative procedure laws.
- § 51A-15-24 Reorganization of bank by director--Distribution and effect of reorganization plan.
- § 51A-15-25 Execution of lien on assets of bank in director's or receiver's possession prohibited--Powers of director.
- § 51A-15-26 Borrowing money by director in possession.
- § 51A-15-27 Expenses of director paid from assets.
- § 51A-15-28 Requirements for adoption of reorganization plan.
- § 51A-15-29 Modification of reorganization plan or liquidation of bank--Grounds and notice requirements.
- § 51A-15-30 Limitations on powers of director or receiver in liquidating bank.
- § 51A-15-31 Executory contracts of bank terminated after commencement of liquidation.
- § 51A-15-32 Fiduciary positions of bank terminated after commencement of liquidation.
- § 51A-15-33 Subrogation rights of Federal Deposit Insurance Corporation in liquidation of bank.
- § 51A-15-34 Notice of liquidation by director or receiver.
- § 51A-15-35 Disposition of safe deposit boxes in liquidation by director or receiver.
- § 51A-15-36 Settlement of claims by director or receiver in liquidation proceedings.
- § 51A-15-37 Objections to schedule of determinations in settlement of claims.
- § 51A-15-38 Partial distributions to claim holders authorized--Final distribution.
- § 51A-15-39 Priority of claims in liquidation proceedings.
- § 51A-15-40 Payment of claims not filed within time prescribed.
- § 51A-15-41 Prorata payment of claims authorized.
- § 51A-15-42 Distribution of assets remaining after liquidation.
- § 51A-15-43 Disposition of unclaimed funds after liquidation.
- § 51A-15-44 Accounting by director or receivers after liquidation--Cancellation of charter--Order and certificate of dissolution.
- § 51A-15-45 Instruments affecting real estate executed on behalf of insolvent banks validated.
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