S.D. Codified Laws § 51A-7-6

Current through the 2024 Legislative Session

Section 51A-7-6 - Closing branch-Approval required-Violation as misdemeanor

No branch bank may close without the approval of the director. If a branch is closed the branch certificate shall be surrendered to the division. A violation of this section is a Class 2 misdemeanor.

SDCL 51A-7-6

SL 1984, ch 316; SL 1988, ch 377, § 128; SDCL § 51-20-4.2; SL 2008, ch 252, §32.