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2017 South Dakota Codified Laws
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.
Universal Citation: SD Codified L § 51A-15-4 (2017)
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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