Periodic examination of trust company in the hands of a receiver.

  1. Law
  2. South Dakota Codified Laws
  3. Banks and Banking
  4. Creation Of Trust Companies
  5. Periodic examination of trust company in the hands of a receiver.

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51A-6A-46. Periodic examination of trust company in the hands of a receiver.

At least once each six months the director shall examine each trust company in the hands of a receiver and shall file a copy of the examination report with the clerk of the circuit court of the county in which the trust company is located. Each receiver shall submit the records and affairs of the trust company to an examination by the director.

Source: SL 1995, ch 268, §44.


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