SDCL § 51A-15-12: "Insolvent" defined.
Where this section sits in the code
- TITLE 51A. BANKS AND BANKING
- CHAPTER 51A-15. SUSPENSION AND LIQUIDATION OF BANKS
"Insolvent" means incapable of meeting the demands of creditors or having liabilities which exceed assets.
Source: SL 1982, ch 336, § 1; SDCL, § 51-27-10.1.
Collected 2026-09-03T15:18:57Z. Source file · JSON