South Dakota § 4-6A-11 Ascertainment of public deposits and insurance when depository restrained or taken in possession--Certification to public depositors.

South Dakota Statutes

§ 4-6A-11 — Ascertainment of public deposits and insurance when depository restrained or taken in possession--Certification to public depositors.

South Dakota § 4-6A-11

Title 4PUBLIC FISCAL ADMINISTRATION

Ch. 4-6INSURANCE OF PUBLIC DEPOSITS

This text of South Dakota § 4-6A-11 (Ascertainment of public deposits and insurance when depository restrained or taken in possession--Certification to public depositors.) is published on Counsel Stack Legal Research, covering South Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

S.D. Codified Laws § 4-6A-11 (2026).

Text

For the purposes of determining the sums to be paid pursuant to § 4-6A-10 , the Public Deposit Protection Commission shall, within twenty days after issuance of a restraining order or the taking of possession of any qualified public depository, ascertain the amount of public funds on deposit therein as disclosed by its record and the accounts thereof insured by deposit insurance and certify such insured accounts to each such public depositor.

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For the purposes of determining the sums to be paid pursuant to § 4-6A-10 , the Public Deposit Protection Commission shall, within twenty days after issuance of a restraining order or the taking of possession of any qualified public depository, ascertain the amount of public funds on deposit therein as disclosed by its record and the accounts thereof insured by deposit insurance and certify such insured accounts to each such public depositor.