SDCL § 51A-15-4: Resignation of fiduciary positions and settlement of accounts on voluntary liquidation.
Where this section sits in the code
- TITLE 51A. BANKS AND BANKING
- CHAPTER 51A-15. SUSPENSION AND LIQUIDATION OF BANKS
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.
Collected 2026-09-03T15:18:57Z. Source file · JSON