South Dakota 04 — Organization Of Associations
- 52-4-1 — Articles of incorporation of savings and loan association--Compliance with BusinessCorporation Act, exception.
- 52-4-2 — Incorporators of savings and loan association--Number--Qualifications--Residence.
- 52-4-3 — Name of savings and loan association, requirements.
- 52-4-4 — Voting permanent stock--Authorization--Par value.
- 52-4-5 — Copies of articles of incorporation delivered to director--Submission to attorneygeneral--Approval or disapproval--Return to incorporators.
- 52-4-6 — Articles of incorporation--Approval by attorney general--Filing with secretary ofstate.
- 52-4-7 — Repealed.
- 52-4-8 — Mutual association--Expense fund, creation, use.
- 52-4-9 — Income of mutual association insufficient to pay expenses--Charges to expense fund.
- 52-4-10 — Contributions to expense fund of mutual association--Repayment.
- 52-4-11 — Certificate of incorporation, receipt by incorporators--Application for certificate ofauthority, form.
- 52-4-12 — Notice of application for certificate of authority--Publication of notice of hearing--Proof of publication.
- 52-4-13 — Hearing on application for certificate of authority--Time--Right to appear--Determination by board--Disqualification of board member.
- 52-4-14 — Approval of application for certificate of authority by State Banking Commission--Findings of fact.
- 52-4-15 — Commencement of business after issuance of certificate--Certificate of authorityrequired.
- 52-4-16 — , 52-4-17. Repealed.
- 52-4-18 — Capital requirements for obtaining certificate of authority--Permanent stockassociation--Mutual association--Minimum number of subscribers--Communitypopulation defined.
- 52-4-19 — Permanent stock requirements for obtaining certificate of authority--Inclusion ofpaid-in surplus.
- 52-4-20 — Permanent stock subscribed for or expense fund to be paid in full--Required savingsaccounts.
- 52-4-21 — Revocation of approval of application for certificate of authority--Failure to meetcapital requirements.
- 52-4-22 — Articles of incorporation, amendment--Submission and filing--Compliance withstatutes.
- 52-4-23 — Articles of incorporation, amendment--Disapproval by director of reduction ofauthorized capital stock.
- 52-4-24 — Dividends on permanent stock--Restriction on declaration.
- 52-4-25 — Claim of owners of permanent stock junior to claim of savings account holders.
- 52-4-26 — Permanent stock association, conversion to mutual plan--Approval of director--Retirement of permanent stockholders--Loss reserves required.
- 52-4-27 — Conversion of mutual association to permanent stock association.
- 52-4-28 — Principal office of association--Change of location--Application requesting change--Filing with director--Hearing.
- 52-4-29 — Application for change of location of principal office--Notice of hearing, publication.
- 52-4-30 — Approval of application for change of location of principal office by State BankingCommission--Findings.
- 52-4-31 — Membership fees prohibited--Reasonable charges for making or modifying loan--Fine or penalty prohibited, exception.
- 52-4-32 — Annual meeting of members of association.
- 52-4-33 — Voting rights of holders of permanent stock.
- 52-4-34 — Voting rights of members of mutual association--Limitation.
- 52-4-35 — Qualifications for voting--Members of record at end of calendar month precedingmeeting of members, exception.
- 52-4-36 — Management of association--Board of directors, number, qualifications, meetings.
- 52-4-37 — Officer, director, or employee of association--Acceptance of fee or commission asmisdemeanor.
- 52-4-38 — Rules and regulations governing loans to directors and employees of association.
- 52-4-39 — Officer, director, or employee of association--Purchase of indebtedness of associationat less than face value as misdemeanor.
- 52-4-40 — Repealed.
- 52-4-41 — Acknowledgments by member or employee of association validated.
- 52-4-42 — Bond of officer, director, or employee--Purchase of shares of proposed insurance orbonding company.