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2017 South Dakota Codified Laws
Title 51A - BANKS AND BANKING
Chapter 15 - Suspension And Liquidation Of Banks
§ 51A-15-33 Subrogation rights of Federal Deposit Insurance Corporation in liquidation of bank.
Universal Citation: SD Codified L § 51A-15-33 (2017)
51A-15-33. Subrogation rights of Federal Deposit Insurance Corporation in liquidation of bank. The right of any agency of the United States insuring deposits of a bank in liquidation, to be subrogated to the rights of depositors upon payment of their claim shall not be less extensive than the law of the United States requires as a condition of the authority to issue such insurance or make such payment.
Source: SL 1969, ch 11, § 13.16; SDCL, § 51-27-25.
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