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2017 South Dakota Codified Laws
Title 51A - BANKS AND BANKING
Chapter 07 - Branch Banks And Drive-In Facilities
§ 51A-7-14 Interstate branches--Approval required.
Universal Citation: SD Codified L § 51A-7-14 (2017)
51A-7-14. Interstate branches--Approval required. With prior approval of the director, any South Dakota state bank may establish and maintain a branch or acquire a branch in a state other than South Dakota. A South Dakota state bank may conduct any activities at a branch outside of South Dakota that are permissible for a bank chartered by the host state where the branch is located.
Source: SL 1996, ch 280, § 2; SL 2008, ch 252, § 35.
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