§ 51A-10-1 “Deposit” or “deposits” defined
§ 51A-10-2 Minors’ accounts
§ 51A-10-3 Deposits in name of two or more persons
§ 51A-10-4 Deposits in trust for another
§ 51A-10-5 Tax liability on payments to survivors of deposits in name of two or more personsor in trust for another
§ 51A-10-6 Statement of account between bank and depositor–Limitation on depositor’s recourseafter statement rendered
§ 51A-10-7 Duty of depositor to examine statement of account and vouchers
§ 51A-10-8 Misdemeanor to certify check where drawer’s funds insufficient
§ 51A-10-9 Preferential deposits
§ 51A-10-10 Substitution or exchange of securities deposited to qualify as depository for funds ofgovernmental subdivisions
§ 51A-10-11 Loans prohibited when reserve deficient

Terms Used In South Dakota Codified Laws > Title 51A > Chapter 10 - Bank Deposits

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Bankruptcy: Refers to statutes and judicial proceedings involving persons or businesses that cannot pay their debts and seek the assistance of the court in getting a fresh start. Under the protection of the bankruptcy court, debtors may discharge their debts, perhaps by paying a portion of each debt. Bankruptcy judges preside over these proceedings.
  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Discovery: Lawyers' examination, before trial, of facts and documents in possession of the opponents to help the lawyers prepare for trial.
  • Federal Deposit Insurance Corporation: A government corporation that insures the deposits of all national and state banks that are members of the Federal Reserve System. Source: OCC
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Person: includes natural persons, partnerships, associations, cooperative corporations, limited liability companies, and corporations. See South Dakota Codified Laws 2-14-2
  • Trustee: A person or institution holding and administering property in trust.
  • written: include typewriting and typewritten, printing and printed, except in the case of signatures, and where the words are used by way of contrast to typewriting and printing. See South Dakota Codified Laws 2-14-2