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

SDCL § 51A-15-6: Depositor's or creditor's rights not impaired by voluntary liquidation--Return of safe deposit rental.

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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

The approval of an application for voluntary liquidation shall not impair any right of a depositor or creditor to payment in full and all lawful claims of creditors and depositors shall promptly be paid. The unearned portion of the rental of a safe deposit box shall be returned to the lessee.

Source: SL 1969, ch 11, § 13.2 (5); SL 1970, ch 265, § 62; SDCL, § 51-27-6.

Collected 2026-09-03T15:18:57Z. Source file · JSON

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