2011 South Dakota Code
Title 51A BANKS AND BANKING
Chapter 02. Division Of Banking
§51A-2-15 Considerations of commission in making rules and regulations.


SD Codified L § 51A-2-15 (through 2011) What's This?

51A-2-15. Considerations of commission in making rules and regulations. In making rules, the commission shall act in the interests of promoting and maintaining a sound banking system; securing deposits, depositors and other customers; preserving the liquid position of banks; promoting the competitive equality of state-chartered banks with national banks and other financial institutions in all aspects of banking practices and permitted nonbanking activities; and preventing injurious credit expansions and contractions.

Source: SL 1969, ch 11, § 2.29; SL 1981, ch 346, § 19; SDCL, § 51-16-39; SL 1988, ch 377, § 52; SDCL, § 51-16-14.2.

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