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2020 South Dakota Codified Laws
Title 51A - Banks and Banking
Chapter 04 - General Powers Of Banks
Section 51A-4-13 - Borrowing money by bank--Pledge of assets.
Universal Citation: SD Codified L § 51A-4-13 (2020)
51A-4-13. Borrowing money by bank--Pledge of assets.
A bank may borrow money and pledge assets for terms, and upon conditions, established by the Banking Commission in rules promulgated pursuant to chapter 1-26.
Source: SDC 1939, §6.0423; SDCL, §51-6-14; SL 1969, ch 11, §4.9; SL 1981, ch 346, §31; SDCL, §51A-4-13; SL 1999, ch 236, §1.
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