2017 South Dakota Codified Laws
Title 51A - BANKS AND BANKING
Chapter 03 - Organization, Applications, And Capital Structure Of Banking Corporations
§ 51A-3-7 Applications--Deposit for cost of processing.
51A-3-7. Applications--Deposit for cost of processing. Any application filed pursuant to § 51A-2-16 shall be delivered to the director together with the original and two executed copies of the articles of incorporation. The application shall contain such information as the director may require. The application shall be accompanied by a deposit in an amount set by the commission. If the costs of processing the application are less than the deposit, the excess of the deposit shall be returned to the applicant. The director may assess the applicants for actual costs of processing the application if the actual costs exceed the initial fee.
Source: SDC 1939, § 6.0304; SL 1963, ch 23; SDCL, §§ 51-3-5, 51-3-6; SL 1969, ch 11, § 3.11; SL 1970, ch 265, § 18; SL 1979, ch 323; SL 1981, ch 346, § 22; SL 1988, ch 377, § 62; SDCL, § 51-17-12; SL 1991, ch 390, § 1.
