There is a newer version of the South Dakota Codified Laws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-2-42 State court jurisdiction--Director as agent for service of process.
SD Codified L § 51A-2-42 (through 2011) What's This?
51A-2-42. State court jurisdiction--Director as agent for service of process. Any bank holding company or corporation making an application to acquire a bank as provided in §§ 51A-2-38 to 51A-2-41, inclusive, by such action becomes subject to the jurisdiction of the courts of this state for purposes of any proceedings which may be taken by the commission hereunder, and the bank holding company or corporation thereby designates the director as the agent for service of process in connection therewith.
Source: SL 1980, ch 331, § 2; SL 1988, ch 377, § 53; SDCL, § 51-16-43.
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