S.D. Codified Laws § 51A-15-33

Current through the 2024 Legislative Session
Section 51A-15-33 - Subrogation rights of Federal Deposit Insurance Corporation in liquidation of bank

The right of any agency of the United States insuring deposits of a bank in liquidation, to be subrogated to the rights of depositors upon payment of their claim shall not be less extensive than the law of the United States requires as a condition of the authority to issue such insurance or make such payment.

SDCL 51A-15-33

SL 1969, ch 11, § 13.16; SDCL, § 51-27-25.