South Dakota Statutes
§ 51A-6A-35 — Authority of trust company revoked upon obstruction or interference with, or refusal to submit to, examination of director.
South Dakota § 51A-6A-35
This text of South Dakota § 51A-6A-35 (Authority of trust company revoked upon obstruction or interference with, or refusal to submit to, examination of director.) 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-6A-35 (2026).
Text
If any officer of any trust company refuses to submit the books, records, papers, and instruments of the trust company to the examination and inspection of the director or in any manner obstruct or interfere with the examination and investigation of the trust company or refuse to be examined on oath concerning any of the affairs of the trust company, the director may revoke the authority of the trust company to transact business, and with the concurrence of the attorney general, may institute proceedings for the appointment of a receiver for the trust company.
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Legislative History
SL 1995, ch 268, § 33.
Nearby Sections
15
Cite This Page — Counsel Stack
Bluebook (online)
South Dakota § 51A-6A-35, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/51A-6A-35.