{"data":{"id":"us-sd/sdcl-51a-15-32","jurisdiction":"us-sd","citation":"SDCL § 51A-15-32","heading":"Fiduciary positions of bank terminated after commencement of liquidation.","body":"As soon after the commencement of involuntary liquidation as is practicable, the director or receiver shall take the necessary steps to terminate all fiduciary positions held by a bank and take such action as may be necessary to surrender all property held by such bank as a fiduciary and to settle its fiduciary accounts.\nSource: SL 1969, ch 11, § 13.15; SL 1970, ch 265, § 70; SL 1988, ch 377, § 175; SDCL, § 51-27-24.","path":["TITLE 51A. BANKS AND BANKING","CHAPTER 51A-15. SUSPENSION AND LIQUIDATION OF BANKS"],"source_url":"https://sdlegislature.gov/Statutes/51A-15-32","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"def3aa28add002d57edf81df92760126546936237b8a61765ae0902200dfe242","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-51a-15-31","next":"us-sd/sdcl-51a-15-33"},"notice":"GroundRules: Original legal text. Not legal advice."}