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2017 South Dakota Codified Laws
Title 51A - BANKS AND BANKING
Chapter 12 - Bank Loans
§ 51A-12-2.3 Loan defined.
Universal Citation: SD Codified L § 51A-12-2.3 (2017)
51A-12-2.3. Loan defined. For the purpose of calculating loan or credit limitations pursuant to § 51A-12-2, a loan includes any credit exposure to a borrower arising from a derivative transaction, repurchase agreement, reverse repurchase agreement, securities lending transaction, or securities borrowing transaction between a bank and that borrower.
Source: SL 2013, ch 240, § 1.
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