There is a newer version of the South Dakota Codified Laws
2012 South Dakota Codified Laws
Title 51A BANKS AND BANKING
Chapter 09. Bank Service Corporations
§51A-9-4 Ownership of bank or bank holding company stock prohibited.
SD Codified L § 51A-9-4 (through 2012) What's This?
51A-9-4. Ownership of bank or bank holding company stock prohibited. No bank service corporation may purchase, hold or acquire the capital stock of any state or national bank or of any bank holding company.
Source: SL 1970, ch 265, § 41; SL 1988, ch 377, § 133; SDCL, § 51-21-3.1.
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