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2017 South Dakota Codified Laws
Title 51A - BANKS AND BANKING
Chapter 01 - Definitions, General Provisions And Penalties
§ 51A-1-5 Failure to obey director's orders--Civil liability.
Universal Citation: SD Codified L § 51A-1-5 (2017)
51A-1-5. Failure to obey director's orders--Civil liability. Any officer, employee, or director of a bank who fails to obey any lawful order made by the director or commission under provisions of this title is subject to the imposition of a civil fine by the director or commission not exceeding one thousand dollars per violation for each day the officer, employee, director, or bank has willfully failed to comply with the order. Any funds received from such fines shall be deposited in the banking special revenue fund.
Source: SDC 1939, § 6.9911; SDCL § 51-1-4; SL 1969, ch 11, § 1.4; SL 1980, ch 24, § 76; SL 1988, ch 377, § 3; SDCL § 51-15-4; SL 2008, ch 252, § 2.
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