South Dakota Statutes

§ 51A-5-9 — Filing with Office of the Secretary of State by foreign bank or trust company acting as fiduciary--Designation as agent to receive process--Service of process.

South Dakota § 51A-5-9
JurisdictionSouth Dakota
Title 51ABANKS AND BANKING
Ch. 51A-2TRUST BUSINESS OF BANKS

This text of South Dakota § 51A-5-9 (Filing with Office of the Secretary of State by foreign bank or trust company acting as fiduciary--Designation as agent to receive process--Service of process.) 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-5-9 (2026).

Text

Before qualifying or serving in this state in any fiduciary capacity, as defined in § 51A-5-8 , the bank or trust company shall file in the Office of the Secretary of State of South Dakota, a copy of its charter certified by its secretary under its corporate seal, and a power of attorney designating the secretary of state or the secretary of state's successor in office as the person upon whom all notices and processes issued by any court of this state may be served in any action or proceeding relating to any trust, estate, or matter within this state in respect of which the bank or trust company is acting in any fiduciary capacity with like effect as personal service on the bank or trust company. The power of attorney is irrevocable so long as any liability remains outstanding against the

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Legislative History

SL 1973, ch 292, § 2; SDCL, § 51-19-5.3; SL 1995, ch 268, § 69; SL 1997, ch 272, § 7; SL 2005, ch 202, § 22; SL 2021, ch 204, § 1.

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Bluebook (online)
South Dakota § 51A-5-9, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/51A-5-9.