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    • Legislation USA
    • South Dakota Codified Laws
    • Title 51A - Banks and Banking
    • Chapter 10 - Bank Deposits
    • Section 51A-10-2 - Minors' accounts.

    South Dakota Codified Laws
    Chapter 10 - Bank Deposits
    Section 51A-10-2 - Minors' accounts.

    51A-10-2. Minors' accounts.
    A bank may operate its deposit account in the name of a minor or in the name of two or more persons, one or more of whom are minors, with the same effect upon its liability as if such minors were of full age.

    Source: SL 1909, ch 222, art 2, §44; SL 1915, ch 102, art 2, §48; RC 1919, §8996; SDC 1939, §6.0413; SDCL, §51-10-10; SL 1969, ch 11, §8.3; SDCL, §51-22-3.

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    Structure South Dakota Codified Laws

    South Dakota Codified Laws

    Title 51A - Banks and Banking

    Chapter 10 - Bank Deposits

    Section 51A-10-1 - "Deposit" or "deposits" defined.

    Section 51A-10-2 - Minors' accounts.

    Section 51A-10-3 - Deposits in name of two or more persons.

    Section 51A-10-4 - Deposits in trust for another.

    Section 51A-10-5 - Tax liability on payments to survivors of deposits in name of two or more persons or in trust for another.

    Section 51A-10-6 - Statement of account between bank and depositor--Limitation on depositor's recourse after statement rendered.

    Section 51A-10-7 - Duty of depositor to examine statement of account and vouchers.

    Section 51A-10-8 - Misdemeanor to certify check where drawer's funds insufficient.

    Section 51A-10-9 - Preferential deposits.

    Section 51A-10-10 - Substitution or exchange of securities deposited to qualify as depository for funds of governmental subdivisions.

    Section 51A-10-11 - Loans prohibited when reserve deficient.

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