There is a newer version of the South Dakota Codified Laws
2011 South Dakota Code
Title 51A BANKS AND BANKING
Chapter 02. Division Of Banking
§51A-2-27 Injunctive relief.
SD Codified L § 51A-2-27 (through 2011) What's This?
51A-2-27. Injunctive relief. If a person or bank that is subject to an order entered by the director or the commission pursuant to § 51A-2-22, 51A-2-25 or 51A-2-26, fails to comply with such order, the director or commission may seek an injunction from the circuit court in the county in which the bank is located, ordering such person or bank to cease and desist from the unsound or unlawful banking practice. An injunction shall be granted upon a showing that certain practices were engaged in that are contrary to sound banking practices, and that these practices contributed to the financial detriment of the bank.
Source: SL 1981, ch 346, § 11; SL 1988, ch 377, § 43; SDCL, § 51-16-27.2
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