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2016 South Dakota Codified Laws
Title 51A - BANKS AND BANKING
Chapter 04 - General Powers Of Banks
§ 51A-4-44 Financial institution and services defined.

SD Codified L § 51A-4-44 (2016) What's This?

51A-4-44. Financial institution and services defined. Terms used in § 51A-4-45 mean:

(1) "Financial institution," a National Banking Association, Federal Savings and Loan Association having its main office in this state, or a bank established and operated under the laws of this state;

(2) "Services," receiving deposits, renewing time deposits, closing loans, servicing loans, and receiving payments on loans and other obligations.
Source: SL 1995, ch 267, § 1; SL 2015, ch 239, § 3.

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