Statutes, codes, and regulations
South Dakota Codified Laws
Title 51A - BANKS AND BANKING
Chapter 7 - BRANCH BANKS AND DRIVE-IN FACILITIES
Section 51A-7-19 - Examination of out-of-state bank's South Dakota branch

S.D. Codified Laws § 51A-7-19

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Current through the 2024 Legislative Session
Section 51A-7-19 - Examination of out-of-state bank's South Dakota branch

The director may make such examinations of any branch established and maintained in South Dakota pursuant to §§ 51A-7-13 to 51A-7-26, inclusive, by an out-of-state state bank as the director may deem necessary to determine whether the branch is operated in compliance with the laws of South Dakota and in accordance with safe and sound banking practices. The provisions of § 51A-2-18 apply to the examinations.

SDCL 51A-7-19

SL 1996, ch 280, § 7; SL 2021, ch 204, §3.
Amended by S.L. 2021, ch. 204,s. 3, eff. 7/1/2021.