S.D. Codified Laws § 51A-5-22
Current through the 2024 Legislative Session
Sections 51A-5-21 to 51A-5-24, inclusive, apply to any fiduciary holding securities in its fiduciary capacity, and to any bank holding securities as a custodian, managing agent or custodian for a fiduciary, regardless of the date of the agreement, instrument, or court order by which it is appointed and regardless of whether or not the fiduciary, custodian, managing agent, or custodian for a fiduciary owns capital stock of the clearing corporation.
SDCL 51A-5-22