South Dakota 04 — General Powers Of Banks
- 51A-4-1 — Miscellaneous banking powers.
- 51A-4-2 — Purchase and sale of securities on order of customer--Contract with securitiesbrokerage services allowed.
- 51A-4-3 — Operation of travel agency.
- 51A-4-4 — Insurance business authorized.
- 51A-4-5 — Certificate of authority required to engage in banking business--Misdemeanor.
- 51A-4-6 — Order to cease and desist for violation--Right to appeal.
- 51A-4-7 — Arrest and prosecution for violation.
- 51A-4-8 — Deposit insurance required--Federal reserve system membership authorized.
- 51A-4-9 — Real property authorized to be held by bank--Maximum book value of premises.
- 51A-4-10 — Property authorized to be purchased to satisfy debts--Limitation on period ofretention.
- 51A-4-11 — Conveyances of real property--Execution by executive officer--Validation of priorconveyances.
- 51A-4-12 — Checks settled at par--Payment from reserve deposits.
- 51A-4-13 — Borrowing money by bank--Pledge of assets.
- 51A-4-14 — "Bills payable" issued for money borrowed by bank--Record of amount borrowed.
- 51A-4-15 — Rediscounting negotiable paper--Limitation on pledge of assets as security--Prohibition against sale of commercial paper with recourse.
- 51A-4-16 — Sale, transfer, or assignment of loan participations.
- 51A-4-17 — Sale of assets of bank.
- 51A-4-18 — Grounds and procedure for nonobservance of banking hours--Extension of hours.
- 51A-4-19 — Change in banking hours--Notice to division.
- 51A-4-20 — Restriction on use of bank money to purchase other bank stock--Communityinvestments authorized--Limitation on investment.
- 51A-4-20.1 — "Community development corporation" defined.
- 51A-4-20.2 — Qualification of community development corporation as permissible investment.
- 51A-4-20.3 — Promulgation of rules for investment in community development corporations.
- 51A-4-20.4 — Investments to promote public welfare authorized--Limitations.
- 51A-4-21 — Bad debts--Maximum time allowed before charge-off--Overdraft not allowed asasset.
- 51A-4-22 — Purchase of retail installment contract--Terms and effect of agreement.
- 51A-4-23 — Leasing of personal property by bank--Terms and conditions.
- 51A-4-24 — Factoring--Applicability of lending limit provisions.
- 51A-4-25 — Bank investments--Restrictions set by rule--Limitations.
- 51A-4-25.1 — Annuity defined.
- 51A-4-26 — Exceptions to investment limitation--Purchase of federal, state, and municipalobligations and bonds or interim notes of South Dakota Building Authority.
- 51A-4-27 — Investments in agricultural credit corporations and livestock loan companies.
- 51A-4-28 — Restricted investment in mortgage banking companies authorized.
- 51A-4-29 — Banks authorized to make or purchase loans secured by real estate mortgages--Saleof loans to Federal National Mortgage Association--Capital contributions.
- 51A-4-30 — Investment in federally sponsored housing loans.
- 51A-4-31 — Monthly charge-off of real estate--Extension by director of banking--Book valueexclusive of charge-off as bankable asset.
- 51A-4-32 — Increase in rate of charge-off--Approval or disapproval by director--Annual reviewof approvals--Notice of modification, revision, or termination of time limits.
- 51A-4-33 — Amortization of certain loan losses after receipt of examination report.
- 51A-4-34 — Amortization of certain loan losses before examination--Notice to director.
- 51A-4-35 — Loans ineligible for amortization to be charged to reserve.
- 51A-4-36 — Amortization of certain loan losses prohibited.
- 51A-4-37 — Investment in real estate used primarily for agriculture--Restrictions.
- 51A-4-38 — Investment in other business--Restrictions.
- 51A-4-39 — Value received not considered interest.
- 51A-4-40 — Insurance investments not restricted.
- 51A-4-41 — Deposits from Value Added Finance Authority.
- 51A-4-42 — Restrictions on purchase of cash value life insurance contracts.
- 51A-4-43 — Access to motor vehicle title and lien information on state's computer system.
- 51A-4-44 — "Financial Institution" and "Services" defined.
- 51A-4-45 — Contracts for services.
- 51A-4-46 — Debt cancellation contracts and debt suspension contracts--Fee.