South Dakota Statutes

§ 51A-10-3 — Deposits in name of two or more persons.

South Dakota § 51A-10-3
JurisdictionSouth Dakota
Title 51ABANKS AND BANKING
Ch. 51A-10BANK DEPOSITS

This text of South Dakota § 51A-10-3 (Deposits in name of two or more persons.) 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 § 51A-10-3 (2026).

Text

Whenever a deposit has been made or shall hereafter be made, in any bank in the names of two or more persons, payable to any of them or payable to the survivor of them, such deposit or any part thereof, or any interest or dividend thereon, may be paid to any one or more of said persons whether the other be living or not, and the receipt or acquittance of the person or persons so paid shall be a valid and sufficient release and discharge to the bank for any payment so made.

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Legislative History

SL 1911, ch 128; RC 1919, § 8997; SDC 1939, § 6.0414; SL 1951, ch 13; SDCL, § 51-10-11; SL 1969, ch 11, § 8.4; SDCL, § 51-22-5.

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Bluebook (online)
South Dakota § 51A-10-3, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/51A-10-3.