{"data":{"id":"us-sd/sdcl-51a-5-22","jurisdiction":"us-sd","citation":"SDCL § 51A-5-22","heading":"Ownership of stock in clearing corporation not required for deposit of securities by fiduciary or custodian.","body":"Sections 51A-5-21 to 51A-5-24, inclusive, apply to any fiduciary holding securities in its fiduciary capacity, and to any bank holding securities as a custodian, managing agent or custodian for a fiduciary, regardless of the date of the agreement, instrument, or court order by which it is appointed and regardless of whether or not the fiduciary, custodian, managing agent, or custodian for a fiduciary owns capital stock of the clearing corporation.\nSource: SL 1978, ch 357, § 4; SDCL, § 51-19-10.2; SL 2021, ch 203, § 6.","path":["TITLE 51A. BANKS AND BANKING","CHAPTER 51A-5. TRUST BUSINESS OF BANKS"],"source_url":"https://sdlegislature.gov/Statutes/51A-5-22","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"db7902409b1ac379978b205acba6ff4eaccb6fce153e4003e19d8144ccc149ff","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-51a-5-21","next":"us-sd/sdcl-51a-5-23"},"notice":"GroundRules: Original legal text. Not legal advice."}