Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
§ 51a-15-4 — South Dakota Law | CourtGPT
  1. Home/
  2. Laws/
  3. South Dakota/
  4. Title 51a - Banks and Banking/
  5. Chapter 15 - Suspension and Liquidation of Banks/
  6. § 51a-15-4
South Dakota Legal Code

§ 51a-15-4

Ask AI about this
51A-15-4. Resignation of fiduciary positions and settlement of accounts on voluntary liquidation.As soon after approval as may be practicable the bank shall resign all fiduciary positions and take such action as may be necessary to settle its fiduciary accounts. Source: SL 1969, ch 11, §13.2 (3); SDCL, §51-27-4.