Section 33-17A-30 - Accounting for securities or investments by conservator--Certificate of examination. - South Dakota Statutes

33-17A-30. Accounting for securities or investments by conservator--Certificate of examination. The conservator, at the time of filing any account, shall exhibit all securities or investments held by the conservator to an officer of the bank or other depository in which the securities or investments are held for safekeeping or to an authorized representative of the corporation which is surety on the conservator's bond, or to the judge or clerk of a court of record in this state, or, upon request of the conservator or other interested party, to any other reputable person designated by the court. The person to whom the securities or investments were exhibited shall certify in writing that he or she has examined the securities or investments and identified them with those described in the account and shall note any omissions or discrepancies. If the depository is the conservator, the certifying officer may not be the officer verifying the account. The conservator may exhibit the securities or investments to the judge of the court, who shall endorse on the account and on a copy of the account a certificate that the securities or investments shown in the account as held by the conservator were each in fact exhibited to the judge and that those exhibited to the judge were the same as those shown in the account, and noting any omission or discrepancy. That certificate and the certificate of an official of the bank in which are deposited any funds for which the conservator is accountable, showing the amount on deposit, shall be prepared and signed in duplicate and one of each shall be filed by the conservator with the conservator's account.

Source: SL 1943, ch 136, § 10; SDC Supp 1960, § 35.1910 (2); SL 1993, ch 213, § 202; SDCL § 30-33-31; SL 1995, ch 167, § 175; SL 2007, ch 187, § 200.