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South Dakota · Through 2026-08-31 · Newer source version available

SDCL § 51A-15-12: "Insolvent" defined.

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Where this section sits in the code
  1. TITLE 51A. BANKS AND BANKING
  2. 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

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