Pursuant to SDCL 4-6A-12, each public depositor shall furnish the following information within 10 days after receipt of certification of a loss:
- (1) The amount of its demand deposits;
- (2) The amount of its time deposits at the public depository subject to a loss, according to its records;
- (3) Any other transactions with the public depository which might affect the amount due the public depositor from the public depository; and
- (4) An explanation of any difference between its deposit records and the amounts certified to it by the commission.
Source: 2 SDR 51, effective January 13, 1976; 24 SDR 93, effective January 12, 1998.
General Authority: SDCL 4-6A-20.
Law Implemented: SDCL 4-6A-12.