{"data":{"id":"us-sd/sdcl-51a-15-29","jurisdiction":"us-sd","citation":"SDCL § 51A-15-29","heading":"Modification of reorganization plan or liquidation of bank--Grounds and notice requirements.","body":"Whenever in the course of reorganization supervening conditions render a plan of reorganization unfair or its execution impractical, the director may modify the plan or liquidate the bank. Any such action shall be taken by order upon reasonable notice.\nSource: SL 1969, ch 11, § 13.12; SL 1970, ch 265, § 68; SDCL, § 51-27-21.","path":["TITLE 51A. BANKS AND BANKING","CHAPTER 51A-15. SUSPENSION AND LIQUIDATION OF BANKS"],"source_url":"https://sdlegislature.gov/Statutes/51A-15-29","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"52c8500653b9d68bbf7d027aea3246bb7ae71fb4e3804049ed3c3b526462cb00","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-51a-15-28","next":"us-sd/sdcl-51a-15-30"},"notice":"GroundRules: Original legal text. Not legal advice."}
