Home/South Dakota/Statutes/Title 51A: BANKS AND BANKING/Ch. 51A-6A: CREATION OF TRUST COMPANIES/§ 51A-6A-8
South Dakota Statutes

§ 51A-6A-8 — Amendment of articles--Extension of existence.

South Dakota § 51A-6A-8
JurisdictionSouth Dakota
Title 51ABANKS AND BANKING
Ch. 51A-6ACREATION OF TRUST COMPANIES

This text of South Dakota § 51A-6A-8 (Amendment of articles--Extension of existence.) 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-8 (2026).

Text

Prior to the expiration of the period for which it was incorporated or organized a trust company may, with the approval of at least a majority of the capital stock or ownership units of such trust company, amend its articles to extend its existence for an additional period, which may be perpetual.

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Legislative History

SL 1995, ch 268, § 5A; SL 2011, ch 212, § 39.

Nearby Sections

15
§ 51A-1-1
Applicability of provisions--Retention of capital structure by banks.
§ 51A-1-10
False entries--Obstruction of examination--Felonies.
§ 51A-1-11
False filing as misdemeanor.
§ 51A-1-12
Payment or indemnification of person for fine, penalty or judgment unlawful--Civil liability--Exceptions--Action to recover payments.
§ 51A-1-13
Misappropriation of funds or information by officer, director, or employee as felony.
§ 51A-1-14
Receipt, possession, or sale of misappropriated funds or information as felony.
§ 51A-1-15
Acknowledgments by officers or employees of banks validated.
§ 51A-1-16
Severability of provisions.
§ 51A-1-17
No duty to disclose information about customers--Exceptions.
§ 51A-1-18
Agreements or compacts with other jurisdictions--Administration--Filing--Availability.
§ 51A-1-19
Central bank digital currency--Public transaction prohibited.
§ 51A-1-2
Definition of terms.
§ 51A-1-20
Central bank digital currency--Private transaction--Alternative required.
§ 51A-1-3
Adverse claims against bank deposits, contents of safe deposit box or property in safekeeping.
§ 51A-1-4
Disqualification of officer, employee or director for violation--Civil liability.
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Bluebook (online)
South Dakota § 51A-6A-8, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/51A-6A-8.