Notice of liquidation by director or receiver.

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51A-15-34. Notice of liquidation by director or receiver.

As soon after commencement of liquidation by the director or receiver as practicable, he shall proceed as in §51A-15-3 relating to voluntary liquidation by banks, except that no notice need be sent relating to fiduciary accounts as therein mentioned.

Source: SL 1969, ch 11, §13.17; SL 1988, ch 377, §176; SDCL, §51-27-26.


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