S.D. Codified Laws § 51A-6A-46.1

Current through the 2024 Legislative Session
Section 51A-6A-46.1 - Suspension, liquidation, order against unsound practice, removal of director or officer, or injunction

In addition to the powers granted to the director and the commission in §§ 51A-6A-35 to 51A-6A-46, inclusive, the powers granted to the director and commission pursuant to §§ 51A-15-11 to 51A-15-44, inclusive, 51A-2-22, and 51A-2-25 to 51A-2-27, inclusive, may be utilized by the director and the commission with regard to trust companies. The powers granted by §§ 51A-15-11 to 51A-15-44, inclusive, 51A-2-22, and 51A-2-25 to 51A-2-27, inclusive, may be used by the director and the commission in connection with a trust company as a supplement to or as an independent alternative to the powers granted in §§ 51A-6A-35 to 51A-6A-46, inclusive.

SDCL 51A-6A-46.1

SL 2004, ch 312, §4; SL 2010, ch 232, §22.