When a banking institution, federal credit union or a savings and loan association has received money in trust under § 55-11-2, it shall acknowledge receipt thereof upon the copies of the contract for said prearranged funerals.

Source: SL 1953, ch 496 , § 3; SDC Supp 1960, § 27.1411; SL 1967, ch 104 , § 3; SL 1981, ch 356 ; SL 1986, ch 408 , § 15.