SDCL § 51A-6A-51: Necessity of execution or delivery of deed for merger or consolidation.
Where this section sits in the code
- TITLE 51A. BANKS AND BANKING
- CHAPTER 51A-6A. CREATION OF TRUST COMPANIES
When a merger or consolidation of any trust company occurs, the successor consolidated trust company or bank becomes the owner of, and entitled to, the possession of all rights, franchises, and interests, real estate, and personal property as is covered by the merger or consolidation agreement without the necessity of the execution or delivery of a deed or other form of transfer.
Source: SL 1995, ch 268, § 49.
Collected 2026-09-03T15:18:57Z. Source file · JSON