South Dakota Codified Laws 55-11-4. Financial institution receiving money in trust–Acknowledgment on copy of prearranged funeral contract
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When a banking institution, federal credit union or a savings and loan association has received money in trust under § 55-11-2, it shall acknowledge receipt thereof upon the copies of the contract for said prearranged funerals.
Terms Used In South Dakota Codified Laws 55-11-4
- Contract: A legal written agreement that becomes binding when signed.
Source: SL 1953, ch 496, § 3; SDC Supp 1960, § 27.1411; SL 1967, ch 104, § 3; SL 1981, ch 356; SL 1986, ch 408, § 15.