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S.D. Codified Laws § 51A-19-5

Authority--Expiration--Extension

Source: SL 2026, ch 194, § 5.

Effective July 1, 2026

51A-19-5. Authority--Expiration--Extension.

Except as otherwise provided in this section, the authority granted the financial institution under § 51A-19-2 expires upon the earliest of:

(1) Thirty business days after the date on which the financial institution first acted under § 51A-19-2;

(2) When the financial institution is satisfied that the transaction or act will not result in financial exploitation of the consenting, senior, or vulnerable adult; or

(3) Termination by an order of a court of competent jurisdiction.

Unless otherwise directed by order of a court, a financial institution may extend the duration of authority under this section based on a reasonable belief that the financial exploitation of a consenting, senior, or vulnerable adult may continue to occur or continue to be attempted.

Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.