Chapter
SUSPENSION AND LIQUIDATION OF BANKS
- S.D. Codified Laws § 51A-15-1— Voluntary liquidation--Requirements for approval
- S.D. Codified Laws § 51A-15-2— Ceasing to do business and winding up affairs on voluntary liquidation
- S.D. Codified Laws § 51A-15-3— Notice of voluntary liquidation--Manner of publication--Contents
- S.D. Codified Laws § 51A-15-4— Resignation of fiduciary positions and settlement of accounts on voluntary liquidation
- S.D. Codified Laws § 51A-15-5— Disposition of safe deposit on voluntary liquidation
- S.D. Codified Laws § 51A-15-6— Depositor's or creditor's rights not impaired by voluntary liquidation--Return of safe deposit rental
- S.D. Codified Laws § 51A-15-7— Distribution of assets after discharge of obligations on voluntary liquidation--Disposition of unclaimed distributions
- S.D. Codified Laws § 51A-15-8— Authority of director to take possession of bank in voluntary liquidation
- S.D. Codified Laws § 51A-15-9— Reports of progress in voluntary liquidation--Order and certificate of dissolution
- S.D. Codified Laws § 51A-15-10— Cancellation of voluntary liquidation
- S.D. Codified Laws § 51A-15-11— Director's authority to suspend activities and take possession of bank--Grounds
- S.D. Codified Laws § 51A-15-12— "Insolvent" defined
- S.D. Codified Laws § 51A-15-13— Receipt of deposits by insolvent bank unlawful--Felony
- S.D. Codified Laws § 51A-15-14— Notice of suspension and possession
- S.D. Codified Laws § 51A-15-15— Management and control powers of director in possession
- S.D. Codified Laws § 51A-15-16— Circuit court jurisdiction of proceedings--Venue
- S.D. Codified Laws § 51A-15-17— Change of venue
- S.D. Codified Laws § 51A-15-18— Director's appointment of Federal Deposit Insurance Corporation as receiver in liquidation proceedings
- S.D. Codified Laws § 51A-15-19— Powers of Federal Deposit Insurance Corporation as receiver in liquidation proceedings--Actions to recover money damages
- S.D. Codified Laws § 51A-15-20— Postponement of limitation periods on director's taking actions
- S.D. Codified Laws § 51A-15-21— Director's authority to take action in emergency without majority consent of commission
- S.D. Codified Laws § 51A-15-22— Applications to enjoin director from suspending activities and taking possession of bank
- S.D. Codified Laws § 51A-15-23— Proceedings exempt from open meetings and administrative procedure laws
- S.D. Codified Laws § 51A-15-24— Reorganization of bank by director--Distribution and effect of reorganization plan
- S.D. Codified Laws § 51A-15-25— Execution of lien on assets of bank in director's or receiver's possession prohibited--Powers of director
- S.D. Codified Laws § 51A-15-26— Borrowing money by director in possession
- S.D. Codified Laws § 51A-15-27— Expenses of director paid from assets
- S.D. Codified Laws § 51A-15-28— Requirements for adoption of reorganization plan
- S.D. Codified Laws § 51A-15-29— Modification of reorganization plan or liquidation of bank--Grounds and notice requirements
- S.D. Codified Laws § 51A-15-30— Limitations on powers of director or receiver in liquidating bank
- S.D. Codified Laws § 51A-15-31— Executory contracts of bank terminated after commencement of liquidation
- S.D. Codified Laws § 51A-15-32— Fiduciary positions of bank terminated after commencement of liquidation
- S.D. Codified Laws § 51A-15-33— Subrogation rights of Federal Deposit Insurance Corporation in liquidation of bank
- S.D. Codified Laws § 51A-15-34— Notice of liquidation by director or receiver
- S.D. Codified Laws § 51A-15-35— Disposition of safe deposit boxes in liquidation by director or receiver
- S.D. Codified Laws § 51A-15-36— Settlement of claims by director or receiver in liquidation proceedings
- S.D. Codified Laws § 51A-15-37— Objections to schedule of determinations in settlement of claims
- S.D. Codified Laws § 51A-15-38— Partial distributions to claim holders authorized--Final distribution
- S.D. Codified Laws § 51A-15-39— Priority of claims in liquidation proceedings
- S.D. Codified Laws § 51A-15-40— Payment of claims not filed within time prescribed
- S.D. Codified Laws § 51A-15-41— Prorata payment of claims authorized
- S.D. Codified Laws § 51A-15-42— Distribution of assets remaining after liquidation
- S.D. Codified Laws § 51A-15-43— Disposition of unclaimed funds after liquidation
- S.D. Codified Laws § 51A-15-44— Accounting by director or receivers after liquidation--Cancellation of charter--Order and certificate of dissolution
- S.D. Codified Laws § 51A-15-45— Instruments affecting real estate executed on behalf of insolvent banks validated