ARSD 06:02:02 – Collateral Segregation | Midpage

Collections
Administrative Rules of South Dakota

Chapter 06:02:02

ARSD 06:02:02

Collateral Segregation

06:02:02:01Reporting dates.06:02:02:02Contents of liability report.06:02:02:03Adequacy of eligible collateral for securing public deposits.06:02:02:04Signature of report.06:02:02:05Withdrawal of public funds in case of insufficient collateral.06:02:02:06Method of pledging eligible securities, certificates of deposit, or issuing letters of credit.06:02:02:06.01Surety bonds as security for public deposits in lieu of pledging eligible securities or furnishing letters of credit.06:02:02:06.02Requirements on public depository furnishing collateral.06:02:02:06.03Pledging certificates of deposit as eligible collateral.06:02:02:07Safekeeping and release of collateral.