South Dakota

51A-15-1. Voluntary liquidation--Requirements for approval.

51A-15-2. Ceasing to do business and winding up affairs on voluntary liquidation.

51A-15-3. Notice of voluntary liquidation--Manner of publication--Contents.

51A-15-4. Resignation of fiduciary positions and settlement of accounts on voluntary liquidation.

51A-15-5. Disposition of safe deposit on voluntary liquidation.

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

51A-15-7. Distribution of assets after discharge of obligations on voluntary liquidation--Disposition of unclaimed distributions.

51A-15-8. Authority of director to take possession of bank in voluntary liquidation.

51A-15-9. Reports of progress in voluntary liquidation--Order and certificate of dissolution.

51A-15-10. Cancellation of voluntary liquidation.

51A-15-11. Director's authority to suspend activities and take possession of bank--Grounds.

51A-15-12. "Insolvent" defined.

51A-15-13. Receipt of deposits by insolvent bank unlawful--Felony.

51A-15-14. Notice of suspension and possession.

51A-15-15. Management and control powers of director in possession.

51A-15-16. Circuit court jurisdiction of proceedings--Venue.

51A-15-17. Change of venue.

51A-15-18. Director's appointment of Federal Deposit Insurance Corporation as receiver in liquidation proceedings.

51A-15-19. Powers of Federal Deposit Insurance Corporation as receiver in liquidation proceedings--Actions to recover money damages.

51A-15-20. Postponement of limitation periods on director's taking actions.

51A-15-21. Director's authority to take action in emergency without majority consent of commission.

51A-15-22. Applications to enjoin director from suspending activities and taking possession of bank.

51A-15-23. Proceedings exempt from open meetings and administrative procedure laws.

51A-15-24. Reorganization of bank by director--Distribution and effect of reorganization plan.

51A-15-25. Execution of lien on assets of bank in director's or receiver's possession prohibited--Powers of director.

51A-15-26. Borrowing money by director in possession.

51A-15-27. Expenses of director paid from assets.

51A-15-28. Requirements for adoption of reorganization plan.

51A-15-29. Modification of reorganization plan or liquidation of bank--Grounds and notice requirements.

51A-15-30. Limitations on powers of director or receiver in liquidating bank.

51A-15-31. Executory contracts of bank terminated after commencement of liquidation.

51A-15-32. Fiduciary positions of bank terminated after commencement of liquidation.

51A-15-33. Subrogation rights of Federal Deposit Insurance Corporation in liquidation of bank.

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

51A-15-35. Disposition of safe deposit boxes in liquidation by director or receiver.

51A-15-36. Settlement of claims by director or receiver in liquidation proceedings.

51A-15-37. Objections to schedule of determinations in settlement of claims.

51A-15-38. Partial distributions to claim holders authorized--Final distribution.

51A-15-39. Priority of claims in liquidation proceedings.

51A-15-40. Payment of claims not filed within time prescribed.

51A-15-41. Prorata payment of claims authorized.

51A-15-42. Distribution of assets remaining after liquidation.

51A-15-43. Disposition of unclaimed funds after liquidation.

51A-15-44. Accounting by director or receivers after liquidation--Cancellation of charter--Order and certificate of dissolution.

51A-15-45. Instruments affecting real estate executed on behalf of insolvent banks validated.