2017 South Dakota Codified Laws
Title 51A - BANKS AND BANKING
Chapter 04 - General Powers Of Banks
§ 51A-4-42 Restrictions on purchase of cash value life insurance contracts.

51A-4-42. Restrictions on purchase of cash value life insurance contracts. A bank may purchase cash value life insurance contracts under such limits and restrictions as the commission may prescribe by rules promulgated pursuant to chapter 1-26.

Source: SL 1993, ch 350.

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