South Dakota Statutes

§ 4-6A-15 — Reimbursement of public depositors from proceeds of assessments.

South Dakota·Title 4 PUBLIC FISCAL ADMINISTRATION·Ch. 4-6 INSURANCE OF PUBLIC DEPOSITS
Upon receipt of assessment payments under § 4-6A-14 , the Public Deposit Protection Commission shall reimburse the public depositors of the qualified public depository in which the loss occurred to the extent of the depository's net deposit liability to them.

Free access — add to your briefcase to read the full text and ask questions with AI

South Dakota § 4-6A-15 (Reimbursement of public depositors from proceeds of assessments.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

SL 1974, ch 39, § 9 (5); SL 1986, ch 44, § 10.

Nearby Sections

15
View on official source ↗