Depositor's or creditor's rights not impaired by voluntary liquidation--Return of safe deposit rental.

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51A-15-6. Depositor's or creditor's rights not impaired by voluntary liquidation--Return of safe deposit rental.

The approval of an application for voluntary liquidation shall not impair any right of a depositor or creditor to payment in full and all lawful claims of creditors and depositors shall promptly be paid. The unearned portion of the rental of a safe deposit box shall be returned to the lessee.

Source: SL 1969, ch 11, §13.2 (5); SL 1970, ch 265, §62; SDCL, §51-27-6.


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