S.D. Codified Laws § 54-4-37

Current with legislation signed by the governor on or before 3/6/2024

Section 54-4-37 - Entities exempt from chapter provisions

The following entities are exempt from the provisions of this chapter:

(1) Any state bank and its subsidiary;

(2) Any national bank and its subsidiary;

(3) Any bank holding company and its subsidiary;

(4) Any other federally insured financial institution, its holding company and subsidiary; and

(5) Any South Dakota chartered trust company.

SDCL 54-4-37

SL 1998, ch 280, §2; SL 1999, ch 239, §1; SL 2004, ch 292, §1.