A company may participate through a member bank in the federal reserve book-entry system and the records of the member bank shall at all times show that the investments are held for the company or for specific accounts of the company.
S.D. Codified Laws § 58-27-82
Participation in federal reserve book-entry system
Source: SL 1983, ch 377, § 5.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.