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2011 South Dakota Code
Title 51A BANKS AND BANKING
Chapter 07. Branch Banks And Drive-In Facilities
§51A-7-6 Closing branch--Approval required--Violation as misdemeanor.


SD Codified L § 51A-7-6 (through 2011) What's This?

51A-7-6. Closing branch--Approval required--Violation as misdemeanor. No branch bank may close without the approval of the director. If a branch is closed the branch certificate shall be surrendered to the division. A violation of this section is a Class 2 misdemeanor.

Source: SL 1984, ch 316; SL 1988, ch 377, § 128; SDCL § 51-20-4.2; SL 2008, ch 252, § 32.

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