S.D. Codified Laws § 51A-5-21 (2026)
Any fiduciary holding securities in its fiduciary capacity, any bank holding securities as a custodian or managing agent, and any bank holding securities as custodian for a fiduciary is authorized to deposit or arrange for the deposit of the securities in a clearing corporation as defined in subdivision 57A-8-102(5).
Source: SL 1978, ch 357 , § 1; SDCL § 51-19-10.1; SL 1995, ch 268 , § 74; SL 1997, ch 272 , § 12; SL 2015, ch 239 , § 5; SL 2021, ch 203 , § 5.