Statutes, codes, and regulations
South Dakota Codified Laws
Title 51A - BANKS AND BANKING
Chapter 4 - GENERAL POWERS OF BANKS
Section 51A-4-5 - Certificate of authority required to engage in banking business-Misdemeanor

S.D. Codified Laws § 51A-4-5

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Current through the 2024 Legislative Session
Section 51A-4-5 - Certificate of authority required to engage in banking business-Misdemeanor

No person, partnership or corporation may advertise, publish or otherwise represent that he is engaged in the business of banking without having first obtained a certificate of authority from the director, as provided in this title. A violation of this section is a Class 1 misdemeanor.

SDCL 51A-4-5

SL 1909, ch 222, art 2, § 47; SL 1915, ch 102, art 2, § 51; RC 1919, § 9000; SDC 1939, §§ 6.0403, 6.9905; SDCL, § 51-6-1; SL 1969, ch 11, § 4.2; SL 1980, ch 24, § 85; SL 1988, ch 377, § 80; SDCL, § 51-18-2.