South Dakota Codified Laws
Chapter 06A - Insurance Of Public Deposits
Section 4-6A-6 - Information required of depository--Disqualification on failure to provide information.

4-6A-6. Information required of depository--Disqualification on failure to provide information.
The public deposit protection commission may require any qualified public depository to furnish such information dealing only with public deposits as the commission shall request. Any public depository which refuses or neglects to give any information so requested may no longer be a qualified public depository and is excluded from the right to receive public deposits until such time as the commission shall acknowledge that such depository has furnished the information requested.

Source: SL 1974, ch 39, §5 (2); SL 1982, ch 45, §1C; SL 1986, ch 44, §5; SL 1986, ch 45, §4; SL 1987, ch 45, §4.

Structure South Dakota Codified Laws

South Dakota Codified Laws

Title 4 - Public Fiscal Administration

Chapter 06A - Insurance Of Public Deposits

Section 4-6A-1 - Definitions.

Section 4-6A-2 - Public deposit protection commission established--Function.

Section 4-6A-3 - Segregation of collateral by public depository--Value--Deposit and designation--Letters of credit and surety bonds.

Section 4-6A-4 - Valuation of collateral--Substitution of securities.

Section 4-6A-5 - Income from collateral.

Section 4-6A-6 - Information required of depository--Disqualification on failure to provide information.

Section 4-6A-7 - Reports of public deposits and segregated collateral--False statement as perjury.

Section 4-6A-8 - Treasurer not liable for loss from authorized deposits.

Section 4-6A-9 - Public deposits protected by chapter.

Section 4-6A-10 - Payment to public officers after loss determined--Procedures.

Section 4-6A-11 - Ascertainment of public deposits and insurance when depository restrained or taken in possession--Certification to public depositors.

Section 4-6A-12 - Depositors' statements of deposits to commission.

Section 4-6A-13 - Losses in depositories--Assessment against public depositories.

Section 4-6A-14 - Payment of assessments by depositories--Liquidation of collateral on failure to pay.

Section 4-6A-15 - Reimbursement of public depositors from proceeds of assessments.

Section 4-6A-16 - Actions for protection or settlement of claims.

Section 4-6A-17 - Fixing date of loss.

Section 4-6A-19 - Subrogation of commission to depositors' claims--Apportionment of amounts recovered--Refund of assessments--Expenses of liquidation.

Section 4-6A-20 - Rules of commission.

Section 4-6A-21 - Citation of chapter.