South Dakota Codified Laws 51A-15-34. Notice of liquidation by director or receiver
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As soon after commencement of liquidation by the director or receiver as practicable, he shall proceed as in § 51A-15-3 relating to voluntary liquidation by banks, except that no notice need be sent relating to fiduciary accounts as therein mentioned.
Terms Used In South Dakota Codified Laws 51A-15-34
- Fiduciary: A trustee, executor, or administrator.
Source: SL 1969, ch 11, § 13.17; SL 1988, ch 377, § 176; SDCL, § 51-27-26.