Statutes, codes, and regulations
South Dakota Administrative Rules
Title 20 - PUBLIC SAFETYArticle 20:07 - BANKING
Chapter 20:07:23 - Mobile branch banks
Section 20:07:23:03 - Mobile branch banks requiring application to director

S.D. Admin. R. 20:07:23:03

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Current through Register Vol. 50, page 162, June 24, 2024
Section 20:07:23:03 - Mobile branch banks requiring application to director

Any bank desiring to establish a mobile branch bank outside the municipality in which the bank has an existing permanent bank or branch bank facility shall, prior to the establishment of such branch, file a written application with the director on forms provided by the division.

Any application filed with the director for the establishment of a mobile branch bank shall follow the application procedure established in SDCL 51A-2-16 and shall be evaluated according to the criteria in SDCL 51A-3-9.

S.D. Admin. R. 20:07:23:03

32 SDR 38, effective 9/6/2005; 34 SDR 322, effective 6/30/2008.

General Authority: SDCL 51A-2-14(3)(4).

Law Implemented: SDCL 51A-1-2(19), 51A-2-14(3)(4), 51A-2-16, 51A-3-9.