Chapter
TRUST BUSINESS OF BANKS
- S.D. Codified Laws § 51A-5-1— Use of "trust" in name restricted--Exercise of trust powers restricted--Misdemeanor
- S.D. Codified Laws § 51A-5-1.1— Powers of banks engaging in trust business
- S.D. Codified Laws § 51A-5-1.2— "Trust business" defined
- S.D. Codified Laws § 51A-5-2— Bank as trustee or custodian for retirement benefit plans
- S.D. Codified Laws § 51A-5-3— Fiduciary authority of bank authorized by charter to exercise trust powers
- S.D. Codified Laws § 51A-5-4— Deposit required to do trust business--Amount and form of deposit--Disposition of income
- S.D. Codified Laws § 51A-5-5— Deposit available for satisfaction of claims upon liquidation, abandonment of trust powers, or resignation from fiduciary positions
- S.D. Codified Laws § 51A-5-6— National banks' authority to engage in trust business--Examination of trust business--Acceptance of federal examination
- S.D. Codified Laws § 51A-5-7— Foreign bank or trust company to comply with requirements to act as fiduciary in state--Violation as misdemeanor
- S.D. Codified Laws § 51A-5-8— Reciprocal privileges extended to foreign bank or trust company acting as fiduciary
- S.D. Codified Laws § 51A-5-9— Filing with Office of the Secretary of State by foreign bank or trust company acting as fiduciary--Designation as agent to receive process--Service of process
- S.D. Codified Laws § 51A-5-10— Establishment of place of business not permitted or prohibited by filing requirements
- S.D. Codified Laws § 51A-5-11— Investment powers of trust company
- S.D. Codified Laws § 51A-5-12— Voting of bank shares by cotrustee
- S.D. Codified Laws § 51A-5-13— Segregation of assets held by bank as fiduciary
- S.D. Codified Laws § 51A-5-14— Deposit of federally guaranteed securities with federal reserve bank
- S.D. Codified Laws § 51A-5-15— Records of depositor to show ownership of securities--Transfers by book entries
- S.D. Codified Laws § 51A-5-16— Custodian to certify deposited securities to fiduciary--Duty of fiduciary
- S.D. Codified Laws § 51A-5-17— Application of provisions to fiduciaries and custodians whenever appointed
- S.D. Codified Laws § 51A-5-18— 51A-5-18. Repealed by SL 2011, ch 212, § 19
- S.D. Codified Laws § 51A-5-19— Oath or bond not required of bank to qualify as fiduciary
- S.D. Codified Laws § 51A-5-20— Nominees used by bank acting as fiduciary or cofiduciary
- S.D. Codified Laws § 51A-5-21— Deposit in clearing corporation of securities held as fiduciary or custodian
- S.D. Codified Laws § 51A-5-22— Ownership of stock in clearing corporation not required for deposit of securities by fiduciary or custodian
- S.D. Codified Laws § 51A-5-23— Holding in bulk of securities deposited in clearing corporation--Merger of certificates
- S.D. Codified Laws § 51A-5-24— Records of securities deposited in clearing corporation--Transfer by book entry--Certification to interested party of securities held
- S.D. Codified Laws § 51A-5-25— Approval or ratification of acceptance or relinquishment of fiduciary accounts by board of directors or committee
- S.D. Codified Laws § 51A-5-26— Supervision of investment of fiduciary funds by committee designated by board of directors
- S.D. Codified Laws § 51A-5-27— Reports of committees designated to supervise fiduciary accounts
- S.D. Codified Laws § 51A-5-28— Repealed
- S.D. Codified Laws § 51A-5-29— Repealed
- S.D. Codified Laws § 51A-5-30— Repealed
- S.D. Codified Laws § 51A-5-31— Repealed
- S.D. Codified Laws § 51A-5-32— Repealed