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.
S.D. Codified Laws § 51A-15-4
Resignation of fiduciary positions and settlement of accounts on voluntary liquidation
Source: SL 1969, ch 11, § 13.2 (3); SDCL, § 51-27-4.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.