2011 South Dakota Code
Title 51A BANKS AND BANKING
Chapter 04. General Powers Of Banks
§51A-4-14 "Bills payable" issued for money borrowed by bank--Record of amount borrowed.


SD Codified L § 51A-4-14 (through 2011) What's This?

51A-4-14. "Bills payable" issued for money borrowed by bank--Record of amount borrowed. A bank shall issue its "bills payable" for any money borrowed by it, and shall show on its books and in all reports and statements made by it, the true amount of money borrowed by it.

Source: SL 1909, ch 222, art 2, § 33; SL 1915, ch 102, art 2, § 37; SL 1918 (SS), ch 29; RC 1919, § 8984; SL 1919, ch 124; SL 1925, ch 92; SL 1927, ch 53; SL 1933, ch 50; SDC 1939, § 6.0424; SDCL, § 51-6-15; SL 1969, ch 11, § 4.9; SDCL, § 51-18-10.

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