Chapter 4 - GENERAL POWERS OF BANKS

Section 51A-4-1 - Miscellaneous banking powers
Section 51A-4-1.1 - Banking with industrial hemp or marijuana licensees and associated persons authorized
Section 51A-4-2 - Purchase and sale of securities on order of customer-Contract with securities brokerage services allowed
Section 51A-4-3 - Operation of travel agency
Section 51A-4-4 - Insurance business authorized
Section 51A-4-5 - Certificate of authority required to engage in banking business-Misdemeanor
Section 51A-4-6 - Order to cease and desist for violation-Right to appeal
Section 51A-4-7 - Arrest and prosecution for violation
Section 51A-4-8 - Deposit insurance required-Federal reserve system membership authorized
Section 51A-4-9 - Real property authorized to be held by bank-Maximum book value of premises
Section 51A-4-10 - Property authorized to be purchased to satisfy debts-Limitation on period of retention
Section 51A-4-11 - [Repealed]
Section 51A-4-12 - Checks settled at par-Payment from reserve deposits
Section 51A-4-13 - Borrowing money by bank-Pledge of assets
Section 51A-4-14 - "Bills payable" issued for money borrowed by bank-Record of amount borrowed
Section 51A-4-15 - Rediscounting of negotiable paper-Limitation on pledge of assets as security
Section 51A-4-16 - Sale, transfer, or assignment of loan participations
Section 51A-4-17 - Sale of assets of bank
Section 51A-4-18 - Grounds and procedure for nonobservance of banking hours-Extension of hours
Section 51A-4-19 - Change in banking hours-Notice to division
Section 51A-4-20 - Restriction on use of bank money to purchase other bank stock-Community investments authorized-Limitation on investment
Section 51A-4-20.1 - "Community development corporation" defined
Section 51A-4-20.2 - Qualification of community development corporation as permissible investment
Section 51A-4-20.3 - Promulgation of rules for investment in community development corporations
Section 51A-4-20.4 - Investments to promote public welfare authorized-Limitations
Section 51A-4-21 - Bad debts-Maximum time allowed before charge-off-Overdraft not allowed as asset
Section 51A-4-22 - Purchase of retail installment contract-Terms and effect of agreement
Section 51A-4-23 - Leasing of personal property by bank-Terms and conditions
Section 51A-4-24 - Factoring-Applicability of lending limit provisions
Section 51A-4-25 - Bank investments-Restrictions set by rule-Limitations
Section 51A-4-25.1 - Annuity defined
Section 51A-4-26 - Exceptions to investment limitation-Purchase of federal, state, and municipal obligations and bonds or interim notes of South Dakota Building Authority
Section 51A-4-27 - Investments in agricultural credit corporations and livestock loan companies
Section 51A-4-28 - Restricted investment in mortgage banking companies authorized
Section 51A-4-29 - Banks authorized to make or purchase loans secured by real estate mortgages-Sale of loans to Federal National Mortgage Association-Capital contributions
Section 51A-4-30 - Investment in federally sponsored housing loans
Section 51A-4-31 to 51A-4-40 - [Repealed]
Section 51A-4-41 - [Repealed]
Section 51A-4-42 - Restrictions on purchase of cash value life insurance contracts
Section 51A-4-43 - Access to motor vehicle title and lien information on state's computer system
Section 51A-4-44 - Financial institution and services defined
Section 51A-4-45 - Contracts for services
Section 51A-4-46 - Debt cancellation contracts and debt suspension contracts-Fee