{"data":{"id":"us-sd/sdcl-51a-15-42","jurisdiction":"us-sd","citation":"SDCL § 51A-15-42","heading":"Distribution of assets remaining after liquidation.","body":"When the director or receiver has liquidated a bank, any assets remaining after all claims have been paid shall be distributed to the stockholders in accordance with their respective interests.\nSource: SL 1911, ch 256, § 19; SL 1915, ch 102, art 1, § 24; RC 1919, § 8940; SDC 1939, § 6.0630; SDCL, § 51-14-64; SL 1969, ch 11, § 13.22; SL 1988, ch 377, § 184; SDCL, § 51-27-34.","path":["TITLE 51A. BANKS AND BANKING","CHAPTER 51A-15. SUSPENSION AND LIQUIDATION OF BANKS"],"source_url":"https://sdlegislature.gov/Statutes/51A-15-42","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"508c08dd701457b1dd163a8bba60018a31c915e03f4c9086b59d10560b23f943","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-51a-15-41","next":"us-sd/sdcl-51a-15-43"},"notice":"GroundRules: Original legal text. Not legal advice."}