<html xmlns="http://www.w3.org/1999/xhtml" lang="en-US"><head><meta charset="UTF-8"><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 51A-7 - BRANCH BANKS AND DRIVE-IN FACILITIES</title><meta name="Generator" content="PowerTools for Open XML"><style>span { white-space: pre-wrap; } p.s2083723Normal { text-align: center; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s2083723HG4 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2083723DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2083723HG4C { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s2083723Normal-000000 { text-align: justify; 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dir="ltr" class="s2083723Normal"><span xml:space="preserve" class="s2083723HG4">CHAPTER </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=51A-7" rel="noopener"><span class="s2083723DefaultParagraphFont">51A-7</span></a></p><p dir="ltr" class="s2083723Normal"><span xml:space="preserve" class="s2083723HG4C">BRANCH BANKS AND DRIVE-IN FACILITIES </span></p><p dir="ltr" class="s2083723Normal-000000"><span xml:space="preserve" class="s2083723DefaultParagraphFont"> </span></p><p dir="ltr" class="s2083723B"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=51A-7-1" rel="noopener"><span class="s2083723DefaultParagraphFont">51A-7-1</span></a><span xml:space="preserve" class="s2083723DefaultParagraphFont">    Operation of branches. </span></p><p dir="ltr" class="s2083723B"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=51A-7-2" rel="noopener"><span class="s2083723DefaultParagraphFont">51A-7-2</span></a><span xml:space="preserve" class="s2083723DefaultParagraphFont">    Examination of branches. </span></p><p dir="ltr" class="s2083723B"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=51A-7-3" rel="noopener"><span class="s2083723DefaultParagraphFont">51A-7-3</span></a><span xml:space="preserve" class="s2083723DefaultParagraphFont">    Capital requirements for bank operating branch. </span></p><p dir="ltr" class="s2083723B"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=51A-7-4" rel="noopener"><span class="s2083723DefaultParagraphFont">51A-7-4</span></a><span xml:space="preserve" class="s2083723DefaultParagraphFont">    Establishment of branch banks. </span></p><p dir="ltr" class="s2083723B"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=51A-7-5" rel="noopener"><span class="s2083723DefaultParagraphFont">51A-7-5</span></a><span xml:space="preserve" class="s2083723DefaultParagraphFont">    </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=51A-7-5" rel="noopener"><span class="s2083723DefaultParagraphFont">51A-7-5</span></a><span class="s2083723DefaultParagraphFont">. Repealed by SL 2008, ch 252, § 31.</span></p><p dir="ltr" class="s2083723B"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=51A-7-6" rel="noopener"><span class="s2083723DefaultParagraphFont">51A-7-6</span></a><span xml:space="preserve" class="s2083723DefaultParagraphFont">    Closing branch--Approval required--Violation as misdemeanor. </span></p><p dir="ltr" class="s2083723B"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=51A-7-7" rel="noopener"><span class="s2083723DefaultParagraphFont">51A-7-7</span></a><span xml:space="preserve" class="s2083723DefaultParagraphFont">    National banks' branching authority. </span></p><p dir="ltr" class="s2083723B"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=51A-7-8" rel="noopener"><span class="s2083723DefaultParagraphFont">51A-7-8</span></a><span xml:space="preserve" class="s2083723DefaultParagraphFont">    Detached drive-in facility--Requirements for construction and operation. </span></p><p dir="ltr" class="s2083723B"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=51A-7-9" rel="noopener"><span class="s2083723DefaultParagraphFont">51A-7-9</span></a><span xml:space="preserve" class="s2083723DefaultParagraphFont">    "Detached" defined. </span></p><p dir="ltr" class="s2083723B"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=51A-7-10" rel="noopener"><span class="s2083723DefaultParagraphFont">51A-7-10</span></a><span xml:space="preserve" class="s2083723DefaultParagraphFont">    Limitation on functions of detached drive-in facility. </span></p><p dir="ltr" class="s2083723B"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=51A-7-11" rel="noopener"><span class="s2083723DefaultParagraphFont">51A-7-11</span></a><span xml:space="preserve" class="s2083723DefaultParagraphFont">    Construction or operation of detached drive-in facility--Approval required. </span></p><p dir="ltr" class="s2083723B"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=51A-7-12" rel="noopener"><span class="s2083723DefaultParagraphFont">51A-7-12</span></a><span xml:space="preserve" class="s2083723DefaultParagraphFont">    Indication of parent bank on branches and drive-in facilities. </span></p><p dir="ltr" class="s2083723B"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=51A-7-13" rel="noopener"><span class="s2083723DefaultParagraphFont">51A-7-13</span></a><span xml:space="preserve" class="s2083723DefaultParagraphFont">    Definition of terms.</span></p><p dir="ltr" class="s2083723B"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=51A-7-14" rel="noopener"><span class="s2083723DefaultParagraphFont">51A-7-14</span></a><span xml:space="preserve" class="s2083723DefaultParagraphFont">    Interstate branches--Approval required. </span></p><p dir="ltr" class="s2083723B"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=51A-7-15" rel="noopener"><span class="s2083723DefaultParagraphFont">51A-7-15</span></a><span xml:space="preserve" class="s2083723DefaultParagraphFont">    Application to establish interstate branch--Fee. </span></p><p dir="ltr" class="s2083723B"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=51A-7-16" rel="noopener"><span class="s2083723DefaultParagraphFont">51A-7-16</span></a><span xml:space="preserve" class="s2083723DefaultParagraphFont">    Restrictions on branches by other states. </span></p><p dir="ltr" class="s2083723B"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=51A-7-17" rel="noopener"><span class="s2083723DefaultParagraphFont">51A-7-17</span></a><span xml:space="preserve" class="s2083723DefaultParagraphFont">    </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=51A-7-17" rel="noopener"><span class="s2083723DefaultParagraphFont">51A-7-17</span></a><span class="s2083723DefaultParagraphFont">, 51A-7-18. Repealed by SL 2008, ch 252, §§ 38, 39.</span></p><p dir="ltr" class="s2083723B"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=51A-7-19" rel="noopener"><span class="s2083723DefaultParagraphFont">51A-7-19</span></a><span xml:space="preserve" class="s2083723DefaultParagraphFont">    Examination of out-of-state bank's South Dakota branch.</span></p><p dir="ltr" class="s2083723B"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=51A-7-20" rel="noopener"><span class="s2083723DefaultParagraphFont">51A-7-20</span></a><span xml:space="preserve" class="s2083723DefaultParagraphFont">    Reports required from out-of-state bank with South Dakota branch. </span></p><p dir="ltr" class="s2083723B"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=51A-7-21" rel="noopener"><span class="s2083723DefaultParagraphFont">51A-7-21</span></a><span xml:space="preserve" class="s2083723DefaultParagraphFont">    </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=51A-7-21" rel="noopener"><span class="s2083723DefaultParagraphFont">51A-7-21</span></a><span class="s2083723DefaultParagraphFont">, 51A-7-22. Repealed by SL 2008, ch 252, §§ 40, 41.</span></p><p dir="ltr" class="s2083723B"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=51A-7-23" rel="noopener"><span class="s2083723DefaultParagraphFont">51A-7-23</span></a><span xml:space="preserve" class="s2083723DefaultParagraphFont">    Joint examinations of joint enforcement actions by commission and bank supervisory agencies.</span></p><p dir="ltr" class="s2083723B"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=51A-7-24" rel="noopener"><span class="s2083723DefaultParagraphFont">51A-7-24</span></a><span xml:space="preserve" class="s2083723DefaultParagraphFont">    </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=51A-7-24" rel="noopener"><span class="s2083723DefaultParagraphFont">51A-7-24</span></a><span class="s2083723DefaultParagraphFont">. Repealed by SL 2008, ch 252, § 42.</span></p><p dir="ltr" class="s2083723B"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=51A-7-25" rel="noopener"><span class="s2083723DefaultParagraphFont">51A-7-25</span></a><span xml:space="preserve" class="s2083723DefaultParagraphFont">    Authority of director in case of violation by South Dakota branch of out-of-state bank. </span></p><p dir="ltr" class="s2083723B"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=51A-7-26" rel="noopener"><span class="s2083723DefaultParagraphFont">51A-7-26</span></a><span xml:space="preserve" class="s2083723DefaultParagraphFont">    Promulgation of rules to establish fees.</span></p><p dir="ltr" class="s2083723B"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=51A-7-27" rel="noopener"><span class="s2083723DefaultParagraphFont">51A-7-27</span></a><span xml:space="preserve" class="s2083723DefaultParagraphFont">    </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=51A-7-27" rel="noopener"><span class="s2083723DefaultParagraphFont">51A-7-27</span></a><span class="s2083723DefaultParagraphFont">. Repealed by SL 2008, ch 252, § 43.</span></p><p dir="ltr" class="s2083723B"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=51A-7-28" rel="noopener"><span class="s2083723DefaultParagraphFont">51A-7-28</span></a><span xml:space="preserve" class="s2083723DefaultParagraphFont">    Prohibitions concerning bank names. </span></p><p dir="ltr" class="s2083723B"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=51A-7-29" rel="noopener"><span class="s2083723DefaultParagraphFont">51A-7-29</span></a><span xml:space="preserve" class="s2083723DefaultParagraphFont">    Intentional misleading as to source of product, service, or communication prohibited. </span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 51A-7 - BRANCH BANKS AND DRIVE-IN FACILITIES</title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2071729Normal { margin-top: 0; margin-bottom: 0; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2071729SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2071729CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2071729Normal-000000 { margin-top: 0; margin-bottom: 0; text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2071729DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2071729000001 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2071729SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2071729SCL-000002 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style></head><body><div><p dir="ltr" class="s2071729Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=51A-7-1"><span class="s2071729SENU">51A-7-1</span></a><span xml:space="preserve" class="s2071729SENU">. </span><span class="s2071729CL">Operation of branches.</span></p><p dir="ltr" class="s2071729Normal-000000"><span class="s2071729DefaultParagraphFont">A branch bank or mobile branch bank may be operated by a bank only as authorized by this title and by the director under such rules as the commission shall require.</span></p><p dir="ltr" class="s2071729Normal"><span xml:space="preserve" class="s2071729000001"> </span></p><p dir="ltr" class="s2071729Normal"><span class="s2071729SCL">Source:</span><span xml:space="preserve" class="s2071729SCL-000002"> SL 1933 (SS), ch 2, § 2; SL 1935, ch 54; SDC 1939, § 6.0402; SL 1957, ch 11; SDCL §§ 51-8-2, 51-8-3; SL 1969, ch 11, § 6.1; SL 1988, ch 377, § 125; SDCL § 51-20-1; SL 2008, ch 252, § 28.</span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 51A-7 - BRANCH BANKS AND DRIVE-IN FACILITIES</title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2071730Normal { margin-top: 0; margin-bottom: 0; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2071730SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2071730CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2071730Normal-000000 { margin-top: 0; margin-bottom: 0; text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2071730DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2071730000001 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2071730SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2071730SCL-000002 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style></head><body><div><p dir="ltr" class="s2071730Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=51A-7-2"><span class="s2071730SENU">51A-7-2</span></a><span xml:space="preserve" class="s2071730SENU">. </span><span class="s2071730CL">Examination of branches.</span></p><p dir="ltr" class="s2071730Normal-000000"><span xml:space="preserve" class="s2071730DefaultParagraphFont">Every branch bank or mobile branch bank is subject to examination by the director as provided in §§ </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=51A-2-18"><span class="s2071730DefaultParagraphFont">51A-2-18</span></a><span xml:space="preserve" class="s2071730DefaultParagraphFont"> and </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=51A-2-20"><span class="s2071730DefaultParagraphFont">51A-2-20</span></a><span xml:space="preserve" class="s2071730DefaultParagraphFont"> and shall pay the fees prescribed therefor.</span></p><p dir="ltr" class="s2071730Normal"><span xml:space="preserve" class="s2071730000001"> </span></p><p dir="ltr" class="s2071730Normal"><span class="s2071730SCL">Source:</span><span xml:space="preserve" class="s2071730SCL-000002"> SDC 1939, § 6.0402 as added by SL 1957, ch 11; SDCL § 51-8-5; SL 1969, ch 11, § 6.2; SL 1988, ch 377, § 126; SDCL § 51-20-2; SL 2008, ch 252, § 29.</span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 51A-7 - BRANCH BANKS AND DRIVE-IN FACILITIES</title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2071731Normal { margin-top: 0; margin-bottom: 0; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2071731SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2071731CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2071731Normal-000000 { margin-top: 0; margin-bottom: 0; text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2071731DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2071731000001 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2071731SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2071731SCL-000002 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style></head><body><div><p dir="ltr" class="s2071731Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=51A-7-3"><span class="s2071731SENU">51A-7-3</span></a><span xml:space="preserve" class="s2071731SENU">. </span><span class="s2071731CL">Capital requirements for bank operating branch.</span></p><p dir="ltr" class="s2071731Normal-000000"><span class="s2071731DefaultParagraphFont">Any bank operating a branch bank or banks shall have total capital of not less than the minimum amount required by rule of the commission.</span></p><p dir="ltr" class="s2071731Normal"><span xml:space="preserve" class="s2071731000001"> </span></p><p dir="ltr" class="s2071731Normal"><span class="s2071731SCL">Source:</span><span xml:space="preserve" class="s2071731SCL-000002"> SL 1933 (SS), ch 2, § 2; SDC 1939, § 6.0402; SL 1957, ch 11; SDCL, § 51-8-4; SL 1969, ch 11, § 6.3; SL 1982, ch 334, § 2; SL 1988, ch 377, § 127; SDCL, § 51-20-3.</span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 51A-7 - BRANCH BANKS AND DRIVE-IN FACILITIES</title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2071732Normal { margin-top: 0; margin-bottom: 0; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2071732SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2071732CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2071732Normal-000000 { margin-top: 0; margin-bottom: 0; text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2071732DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2071732000001 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2071732SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2071732SCL-000002 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style></head><body><div><p dir="ltr" class="s2071732Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=51A-7-4"><span class="s2071732SENU">51A-7-4</span></a><span xml:space="preserve" class="s2071732SENU">. </span><span class="s2071732CL">Establishment of branch banks.</span></p><p dir="ltr" class="s2071732Normal-000000"><span class="s2071732DefaultParagraphFont">A branch bank may be established de novo or by consolidating or merging with or purchasing the assets of another state bank, national bank or savings and loan association, or another federally insured financial institution.</span></p><p dir="ltr" class="s2071732Normal"><span xml:space="preserve" class="s2071732000001"> </span></p><p dir="ltr" class="s2071732Normal"><span class="s2071732SCL">Source:</span><span xml:space="preserve" class="s2071732SCL-000002"> SL 1933 (SS), ch 2, § 2; SDC 1939, § 6.0402; SL 1957, ch 11; SDCL § 51-8-1; SL 1969, ch 11, § 6.4; SL 1978, ch 351; SL 1981, ch 346, § 41; SL 1990, ch 381; SDCL § 51-20-4; SL 2008, ch 252, § 30.</span></p></div></body></html><br /><hr><br /> <HTML> <HEAD> <HTML> <HEAD> <meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 51A-7 - BRANCH BANKS AND DRIVE-IN FACILITIES51A-7-5 </title> <META NAME="Keywords" Content="South Dakota Codified Laws SDCL 51A-7-5 "> <META NAME="Description" Content="South Dakota Codified Laws 51A-7-5"> </HEAD> <BODY> <!-- File converted by Wp2Html Version 4.0 --> <!-- Email Andrew@brackenbeds.co.uk for more details --> <!-- WP Style Open: System_34 --><!-- WP Style End: System_34 --> <Div align="full"> <!-- WP Paired Style On: SENU -->&nbsp;&nbsp;&nbsp;&nbsp;<!-- WP Style End: SENU --> 51A-7-5. <!-- WP Paired Style Off: SENU -->&nbsp;<!-- WP Style End: SENU --> Repealed by SL 2008, ch 252, &#167;&nbsp;31.<p> </BODY> </HTML> <br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 51A-7 - BRANCH BANKS AND DRIVE-IN FACILITIES</title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2071734Normal { margin-top: 0; margin-bottom: 0; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2071734SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2071734CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2071734Normal-000000 { margin-top: 0; margin-bottom: 0; text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2071734DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2071734000001 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2071734SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2071734SCL-000002 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style></head><body><div><p dir="ltr" class="s2071734Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=51A-7-6"><span class="s2071734SENU">51A-7-6</span></a><span xml:space="preserve" class="s2071734SENU">. </span><span class="s2071734CL">Closing branch--Approval required--Violation as misdemeanor.</span></p><p dir="ltr" class="s2071734Normal-000000"><span class="s2071734DefaultParagraphFont">No branch bank may close without the approval of the director. If a branch is closed the branch certificate shall be surrendered to the division. A violation of this section is a Class 2 misdemeanor.</span></p><p dir="ltr" class="s2071734Normal"><span xml:space="preserve" class="s2071734000001"> </span></p><p dir="ltr" class="s2071734Normal"><span class="s2071734SCL">Source:</span><span xml:space="preserve" class="s2071734SCL-000002"> SL 1984, ch 316; SL 1988, ch 377, § 128; SDCL § 51-20-4.2; SL 2008, ch 252, § 32.</span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 51A-7 - BRANCH BANKS AND DRIVE-IN FACILITIES</title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2071735Normal { margin-top: 0; margin-bottom: 0; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2071735SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2071735CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2071735Normal-000000 { margin-top: 0; margin-bottom: 0; text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2071735DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2071735000001 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2071735SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2071735SCL-000002 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style></head><body><div><p dir="ltr" class="s2071735Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=51A-7-7"><span class="s2071735SENU">51A-7-7</span></a><span xml:space="preserve" class="s2071735SENU">. </span><span class="s2071735CL">National banks' branching authority.</span></p><p dir="ltr" class="s2071735Normal-000000"><span class="s2071735DefaultParagraphFont">Any national bank whose principal place of business is in this state is hereby authorized to do all things and perform all acts which state banks are permitted to do or perform under this chapter, subject to the conditions and restrictions provided for state banks as to exercise of like privileges.</span></p><p dir="ltr" class="s2071735Normal"><span xml:space="preserve" class="s2071735000001"> </span></p><p dir="ltr" class="s2071735Normal"><span class="s2071735SCL">Source:</span><span xml:space="preserve" class="s2071735SCL-000002"> SL 1933 (SS), ch 2, § 2; SDC 1939, § 6.0402; SL 1957, ch 11; SDCL, § 51-8-6; SL 1969, ch 11, § 6.5; SDCL, § 51-20-5.</span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 51A-7 - BRANCH BANKS AND DRIVE-IN FACILITIES</title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2071736Normal { margin-top: 0; margin-bottom: 0; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2071736SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2071736CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2071736CL-000000 { font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2071736Normal-000001 { margin-top: 0; margin-bottom: 0; text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2071736DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2071736DefaultParagraphFont-000002 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2071736000003 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2071736SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2071736SCL-000004 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style></head><body><div><p dir="ltr" class="s2071736Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=51A-7-8"><span class="s2071736SENU">51A-7-8</span></a><span xml:space="preserve" class="s2071736SENU">. </span><span class="s2071736CL">Detached drive</span><span class="s2071736CL-000000">-</span><span class="s2071736CL">in facility--Requirements for construction and operation.</span></p><p dir="ltr" class="s2071736Normal-000001"><span class="s2071736DefaultParagraphFont">Construction and operation of one detached drive</span><span class="s2071736DefaultParagraphFont-000002">-</span><span class="s2071736DefaultParagraphFont">in facility for each bank and branch bank is authorized so long as such bank or branch bank shall comply with all the provisions of this chapter.</span></p><p dir="ltr" class="s2071736Normal"><span xml:space="preserve" class="s2071736000003"> </span></p><p dir="ltr" class="s2071736Normal"><span class="s2071736SCL">Source:</span><span xml:space="preserve" class="s2071736SCL-000004"> SL 1965, ch 21, § 1; SDCL, § 51-8-8; SL 1969, ch 11, § 6.6; SDCL, § 51-20-6.</span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 51A-7 - BRANCH BANKS AND DRIVE-IN FACILITIES</title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2071737Normal { margin-top: 0; margin-bottom: 0; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2071737SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2071737CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2071737Normal-000000 { margin-top: 0; margin-bottom: 0; text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2071737DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2071737DefaultParagraphFont-000001 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2071737000002 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2071737SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2071737SCL-000003 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style></head><body><div><p dir="ltr" class="s2071737Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=51A-7-9"><span class="s2071737SENU">51A-7-9</span></a><span xml:space="preserve" class="s2071737SENU">. </span><span class="s2071737CL">"Detached" defined.</span></p><p dir="ltr" class="s2071737Normal-000000"><span class="s2071737DefaultParagraphFont">A drive</span><span class="s2071737DefaultParagraphFont-000001">-</span><span class="s2071737DefaultParagraphFont">in facility is "detached" within the meaning of this chapter when any part of any structure in which any of the services of the drive</span><span class="s2071737DefaultParagraphFont-000001">-</span><span class="s2071737DefaultParagraphFont">in facility are carried on is located at least fifty feet from the building in which the main banking room of the bank or branch bank operating the drive</span><span class="s2071737DefaultParagraphFont-000001">-</span><span class="s2071737DefaultParagraphFont">in facility is located.</span></p><p dir="ltr" class="s2071737Normal"><span xml:space="preserve" class="s2071737000002"> </span></p><p dir="ltr" class="s2071737Normal"><span class="s2071737SCL">Source:</span><span xml:space="preserve" class="s2071737SCL-000003"> SL 1965, ch 21, § 2; SDCL, § 51-8-10; SL 1969, ch 11, § 6.7; SL 1981, ch 346, § 43; SDCL, § 51-20-7.</span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 51A-7 - BRANCH BANKS AND DRIVE-IN FACILITIES</title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2071738Normal { margin-top: 0; margin-bottom: 0; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2071738SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2071738CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2071738CL-000000 { font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2071738Normal-000001 { margin-top: 0; margin-bottom: 0; text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2071738DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2071738DefaultParagraphFont-000002 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2071738000003 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2071738SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2071738SCL-000004 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style></head><body><div><p dir="ltr" class="s2071738Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=51A-7-10"><span class="s2071738SENU">51A-7-10</span></a><span xml:space="preserve" class="s2071738SENU">. </span><span class="s2071738CL">Limitation on functions of detached drive</span><span class="s2071738CL-000000">-</span><span class="s2071738CL">in facility.</span></p><p dir="ltr" class="s2071738Normal-000001"><span class="s2071738DefaultParagraphFont">The only banking services which may be offered or rendered to the public at any detached drive</span><span class="s2071738DefaultParagraphFont-000002">-</span><span class="s2071738DefaultParagraphFont">in facility are services comparable to those customarily performed by a bank teller in a bank. No loan or discount services shall be offered or rendered to the public at any detached drive</span><span class="s2071738DefaultParagraphFont-000002">-</span><span class="s2071738DefaultParagraphFont">in facility except that loan payments may be made and accepted at such facility.</span></p><p dir="ltr" class="s2071738Normal"><span xml:space="preserve" class="s2071738000003"> </span></p><p dir="ltr" class="s2071738Normal"><span class="s2071738SCL">Source:</span><span xml:space="preserve" class="s2071738SCL-000004"> SL 1965, ch 21, § 6; SDCL, § 51-8-13; SL 1969, ch 11, § 6.11; SDCL, § 51-20-11.</span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 51A-7 - BRANCH BANKS AND DRIVE-IN FACILITIES</title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2071739Normal { margin-top: 0; margin-bottom: 0; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2071739SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2071739CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2071739Normal-000000 { margin-top: 0; margin-bottom: 0; text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2071739DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2071739000001 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2071739SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2071739SCL-000002 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style></head><body><div><p dir="ltr" class="s2071739Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=51A-7-11"><span class="s2071739SENU">51A-7-11</span></a><span xml:space="preserve" class="s2071739SENU">. </span><span class="s2071739CL">Construction or operation of detached drive-in facility--Approval required.</span></p><p dir="ltr" class="s2071739Normal-000000"><span class="s2071739DefaultParagraphFont">No detached drive-in facility may be constructed or operated without the prior written approval of the director, in the case of a state bank, or the appropriate federal regulatory authority in the case of a national bank.</span></p><p dir="ltr" class="s2071739Normal"><span xml:space="preserve" class="s2071739000001"> </span></p><p dir="ltr" class="s2071739Normal"><span class="s2071739SCL">Source:</span><span xml:space="preserve" class="s2071739SCL-000002"> SL 1965, ch 21, § 7; SDCL § 51-8-9; SL 1969, ch 11, § 6.12; SDCL § 51-20-12; SL 2008, ch 252, § 33.</span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 51A-7 - BRANCH BANKS AND DRIVE-IN FACILITIES</title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2071740Normal { margin-top: 0; margin-bottom: 0; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2071740SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2071740CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2071740Normal-000000 { margin-top: 0; margin-bottom: 0; text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2071740DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2071740000001 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2071740SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2071740SCL-000002 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style></head><body><div><p dir="ltr" class="s2071740Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=51A-7-12"><span class="s2071740SENU">51A-7-12</span></a><span xml:space="preserve" class="s2071740SENU">. </span><span class="s2071740CL">Indication of parent bank on branches and drive-in facilities.</span></p><p dir="ltr" class="s2071740Normal-000000"><span class="s2071740DefaultParagraphFont">A branch bank, mobile branch bank, or drive-in facility shall clearly indicate the identity of its parent bank.</span></p><p dir="ltr" class="s2071740Normal"><span xml:space="preserve" class="s2071740000001"> </span></p><p dir="ltr" class="s2071740Normal"><span class="s2071740SCL">Source:</span><span xml:space="preserve" class="s2071740SCL-000002"> SL 1981, ch 346, § 70; SDCL § 51-20-13; SL 2008, ch 252, § 34.</span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml" lang="en-US"><head><meta charset="UTF-8"><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 51A-7 - BRANCH BANKS AND DRIVE-IN FACILITIES</title><meta name="Generator" content="PowerTools for Open XML"><style>span { white-space: pre-wrap; } p.s2082887Normal { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s2082887SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2082887CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2082887Statute { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s2082887DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s2082887StatuteNumber1 { margin-left: 0.70in; text-indent: -0.45in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-right: 0; margin-bottom: .001pt; } span.s2082887DefaultParagraphFont-000000 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2082887000001 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s2082887NoIndent { text-indent: 0.00in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s2082887DefaultParagraphFont-000002 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2082887SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style><meta name="viewport" content="width=device-width, initial-scale=1"><meta name="twitter:card" content="summary"><meta property="og:title" content="SD 51A-7-13 - Definition of terms."><meta property="og:description" content="SDLRC Codified Law 51A-7-13 - Definition of terms."><meta property="og:type" content="website"><meta property="og:url" content="https://sdlegislature.gov/Statutes?Statute=51A-7-13"><meta property="og:image" content="https://lawmakerdocuments.blob.core.usgovcloudapi.net/photos/logoshape.webp"><meta property="og:site_name" content="South Dakota Legislature"></head><body><div><p dir="ltr" class="s2082887Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=51A-7-13" rel="noopener"><span class="s2082887SENU">51A-7-13</span></a><span xml:space="preserve" class="s2082887SENU">. </span><span xml:space="preserve" class="s2082887CL">Definition of terms. </span></p><p dir="ltr" class="s2082887Statute"><span xml:space="preserve" class="s2082887DefaultParagraphFont">Terms used in §§ </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=51A-7-13" rel="noopener"><span class="s2082887DefaultParagraphFont">51A-7-13</span></a><span xml:space="preserve" class="s2082887DefaultParagraphFont"> to </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=51A-7-26" rel="noopener"><span class="s2082887DefaultParagraphFont">51A-7-26</span></a><span class="s2082887DefaultParagraphFont">, inclusive, mean:</span></p><p dir="ltr" class="s2082887StatuteNumber1"><span class="s2082887DefaultParagraphFont">(1)    "Acquisition of a branch," the acquisition of a branch located in a host state;</span></p><p dir="ltr" class="s2082887StatuteNumber1"><span class="s2082887DefaultParagraphFont">(2)    "Bank," a bank as defined in 12 U.S.C. § 1813(h) as of January 1, 1996. The term does not include any foreign bank as defined in § 12 U.S.C. 3101(7) as of January 1, 1996. However, the term includes any foreign bank organized under the laws of a territory of the United States, Puerto Rico, Guam, American Samoa, or the Virgin Islands, the deposits of which are insured by the Federal Deposit Insurance Corporation;</span></p><p dir="ltr" class="s2082887StatuteNumber1"><span class="s2082887DefaultParagraphFont">(3)    "Bank supervisory agency," any agency of another state with primary responsibility for chartering and supervising banks, the Office of the Comptroller of the Currency, the Federal Deposit Insurance Corporation, the Board of Governors of the Federal Reserve System, or any successor to these agencies;</span></p><p dir="ltr" class="s2082887StatuteNumber1"><span xml:space="preserve" class="s2082887DefaultParagraphFont">(4)    "Branch," a branch bank as defined by subdivision </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=51A-1-2" rel="noopener"><span class="s2082887DefaultParagraphFont">51A-1-2</span></a><span class="s2082887DefaultParagraphFont">(7);</span></p><p dir="ltr" class="s2082887StatuteNumber1"><span class="s2082887DefaultParagraphFont">(5)    "Director," the director of the Division of Banking;</span></p><p dir="ltr" class="s2082887StatuteNumber1"><span class="s2082887DefaultParagraphFont">(6)    "Control," control as construed consistently with the provisions of 12 U.S.C. § 1841(a)(2) as of January 1, 1996;</span></p><p dir="ltr" class="s2082887StatuteNumber1"><span class="s2082887DefaultParagraphFont">(7)    "Home state," for a state bank, the state by which the bank is chartered; for a national bank, the state in which the main office of the bank is located; and for a foreign bank, the state determined to be the home state of the foreign bank pursuant to 12 U.S.C. § 3103(c) as of January 1, 1996;</span></p><p dir="ltr" class="s2082887StatuteNumber1"><span class="s2082887DefaultParagraphFont">(8)    "Home state regulator," for an out</span><span class="s2082887DefaultParagraphFont-000000">-</span><span class="s2082887DefaultParagraphFont">of</span><span class="s2082887DefaultParagraphFont-000000">-</span><span class="s2082887DefaultParagraphFont">state state bank, the bank supervisory agency of the state in which the bank is chartered;</span></p><p dir="ltr" class="s2082887StatuteNumber1"><span class="s2082887DefaultParagraphFont">(9)    "Host state," a state, other than the home state of a bank, in which the bank maintains, or seeks to establish and maintain a branch;</span></p><p dir="ltr" class="s2082887StatuteNumber1"><span class="s2082887DefaultParagraphFont">(10)    "Out</span><span class="s2082887DefaultParagraphFont-000000">-</span><span class="s2082887DefaultParagraphFont">of</span><span class="s2082887DefaultParagraphFont-000000">-</span><span class="s2082887DefaultParagraphFont">state bank," a bank whose home state is a state other than South Dakota;</span></p><p dir="ltr" class="s2082887StatuteNumber1"><span class="s2082887DefaultParagraphFont">(11)    "Out</span><span class="s2082887DefaultParagraphFont-000000">-</span><span class="s2082887DefaultParagraphFont">of</span><span class="s2082887DefaultParagraphFont-000000">-</span><span class="s2082887DefaultParagraphFont">state state bank," a bank chartered under the laws of any state other than South Dakota;</span></p><p dir="ltr" class="s2082887StatuteNumber1"><span class="s2082887DefaultParagraphFont">(12)    "State," any state of the United States, the District of Columbia, any territory of the United States, Puerto Rico, Guam, American Samoa, the Trust Territory of the Pacific Islands, the Virgin Islands, and the Northern Mariana Islands;</span></p><p dir="ltr" class="s2082887StatuteNumber1"><span class="s2082887DefaultParagraphFont">(13)    "South Dakota state bank," a bank chartered under the laws of South Dakota; and</span></p><p dir="ltr" class="s2082887StatuteNumber1"><span class="s2082887DefaultParagraphFont">(14)    "Commission," the State Banking Commission for South Dakota.</span></p><p dir="ltr" class="s2082887Normal"><span xml:space="preserve" class="s2082887000001"> </span></p><p dir="ltr" class="s2082887NoIndent"><span xml:space="preserve" class="s2082887DefaultParagraphFont-000002">Source: </span><span class="s2082887SCL">SL 1996, ch 280, § 1; SL 2021, ch 204, § 2.</span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 51A-7 - BRANCH BANKS AND DRIVE-IN FACILITIES</title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2071742Normal { margin-top: 0; margin-bottom: 0; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2071742SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2071742CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2071742Normal-000000 { margin-top: 0; margin-bottom: 0; text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2071742DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2071742000001 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2071742SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2071742SCL-000002 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style></head><body><div><p dir="ltr" class="s2071742Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=51A-7-14"><span class="s2071742SENU">51A-7-14</span></a><span xml:space="preserve" class="s2071742SENU">. </span><span class="s2071742CL">Interstate branches--Approval required.</span></p><p dir="ltr" class="s2071742Normal-000000"><span class="s2071742DefaultParagraphFont">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.</span></p><p dir="ltr" class="s2071742Normal"><span xml:space="preserve" class="s2071742000001"> </span></p><p dir="ltr" class="s2071742Normal"><span class="s2071742SCL">Source:</span><span xml:space="preserve" class="s2071742SCL-000002"> SL 1996, ch 280, § 2; SL 2008, ch 252, § 35.</span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 51A-7 - BRANCH BANKS AND DRIVE-IN FACILITIES</title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2071743Normal { margin-top: 0; margin-bottom: 0; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2071743SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2071743CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2071743Normal-000000 { margin-top: 0; margin-bottom: 0; text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2071743DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2071743000001 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2071743SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2071743SCL-000002 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style></head><body><div><p dir="ltr" class="s2071743Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=51A-7-15"><span class="s2071743SENU">51A-7-15</span></a><span xml:space="preserve" class="s2071743SENU">. </span><span class="s2071743CL">Application to establish interstate branch--Fee.</span></p><p dir="ltr" class="s2071743Normal-000000"><span xml:space="preserve" class="s2071743DefaultParagraphFont">No South Dakota state bank may establish or maintain a branch in another state until the application and appropriate fee has been submitted and approved as provided in § </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=51A-2-16"><span class="s2071743DefaultParagraphFont">51A-2-16</span></a><span class="s2071743DefaultParagraphFont">. In acting on an application, the director or commission, as the case may be, may consider the views of the appropriate bank supervisory agencies.</span></p><p dir="ltr" class="s2071743Normal"><span xml:space="preserve" class="s2071743000001"> </span></p><p dir="ltr" class="s2071743Normal"><span class="s2071743SCL">Source:</span><span xml:space="preserve" class="s2071743SCL-000002"> SL 1996, ch 280, § 3; SL 2008, ch 252, § 36.</span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 51A-7 - BRANCH BANKS AND DRIVE-IN FACILITIES</title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2071744Normal { margin-top: 0; margin-bottom: 0; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2071744SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2071744CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2071744Normal-000000 { margin-top: 0; margin-bottom: 0; text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2071744DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2071744000001 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2071744SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2071744SCL-000002 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style></head><body><div><p dir="ltr" class="s2071744Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=51A-7-16"><span class="s2071744SENU">51A-7-16</span></a><span xml:space="preserve" class="s2071744SENU">. </span><span class="s2071744CL">Restrictions on branches by other states.</span></p><p dir="ltr" class="s2071744Normal-000000"><span class="s2071744DefaultParagraphFont">To the extent another state imposes a restriction on the ability of a South Dakota bank to establish, acquire, or retain a branch in that state, the other state's restriction shall apply to the establishment, acquisition, or retention of a branch in South Dakota by a bank from that state.</span></p><p dir="ltr" class="s2071744Normal"><span xml:space="preserve" class="s2071744000001"> </span></p><p dir="ltr" class="s2071744Normal"><span class="s2071744SCL">Source:</span><span xml:space="preserve" class="s2071744SCL-000002"> SL 1996, ch 280, § 4; SL 2008, ch 252, § 37.</span></p></div></body></html><br /><hr><br /> <HTML> <HEAD> <HTML> <HEAD> <meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 51A-7 - BRANCH BANKS AND DRIVE-IN FACILITIES51A-7-17 </title> <META NAME="Keywords" Content="South Dakota Codified Laws SDCL 51A-7-17 "> <META NAME="Description" Content="South Dakota Codified Laws 51A-7-17"> </HEAD> <BODY> <!-- File converted by Wp2Html Version 4.0 --> <!-- Email Andrew@brackenbeds.co.uk for more details --> <!-- WP Style Open: System_34 --><!-- WP Style End: System_34 --> <Div align="full"> <!-- WP Paired Style On: SENU -->&nbsp;&nbsp;&nbsp;&nbsp;<!-- WP Style End: SENU --> 51A-7-17, 51A-7-18. <!-- WP Paired Style Off: SENU -->&nbsp;<!-- WP Style End: SENU --> Repealed by SL 2008, ch 252, &#167;&#167;&nbsp;38, 39.<p> </BODY> </HTML> <br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml" lang="en-US"><head><meta charset="UTF-8"><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 51A-7 - BRANCH BANKS AND DRIVE-IN FACILITIES</title><meta name="Generator" content="PowerTools for Open XML"><style>span { white-space: pre-wrap; } p.s2082888Normal { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s2082888SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2082888CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2082888CL-000000 { font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2082888Statute { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s2082888DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2082888DefaultParagraphFont-000001 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2082888000002 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s2082888NoIndent { text-indent: 0.00in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s2082888DefaultParagraphFont-000003 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2082888SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style><meta name="viewport" content="width=device-width, initial-scale=1"><meta name="twitter:card" content="summary"><meta property="og:title" content="SD 51A-7-19 - Examination of out-of-state bank's South Dakota branch."><meta property="og:description" content="SDLRC Codified Law 51A-7-19 - Examination of out-of-state bank's South Dakota branch."><meta property="og:type" content="website"><meta property="og:url" content="https://sdlegislature.gov/Statutes?Statute=51A-7-19"><meta property="og:image" content="https://lawmakerdocuments.blob.core.usgovcloudapi.net/photos/logoshape.webp"><meta property="og:site_name" content="South Dakota Legislature"></head><body><div><p dir="ltr" class="s2082888Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=51A-7-19" rel="noopener"><span class="s2082888SENU">51A-7-19</span></a><span xml:space="preserve" class="s2082888SENU">. </span><span class="s2082888CL">Examination of out</span><span class="s2082888CL-000000">-</span><span class="s2082888CL">of</span><span class="s2082888CL-000000">-</span><span xml:space="preserve" class="s2082888CL">state bank's South Dakota branch. </span></p><p dir="ltr" class="s2082888Statute"><span xml:space="preserve" class="s2082888DefaultParagraphFont">The director may make such examinations of any branch established and maintained in South Dakota pursuant to §§ </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=51A-7-13" rel="noopener"><span class="s2082888DefaultParagraphFont">51A-7-13</span></a><span xml:space="preserve" class="s2082888DefaultParagraphFont"> to </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=51A-7-26" rel="noopener"><span class="s2082888DefaultParagraphFont">51A-7-26</span></a><span class="s2082888DefaultParagraphFont">, inclusive, by an out</span><span class="s2082888DefaultParagraphFont-000001">-</span><span class="s2082888DefaultParagraphFont">of</span><span class="s2082888DefaultParagraphFont-000001">-</span><span xml:space="preserve" class="s2082888DefaultParagraphFont">state state bank as the director may deem necessary to determine whether the branch is operated in compliance with the laws of South Dakota and in accordance with safe and sound banking practices. The provisions of § </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=51A-2-18" rel="noopener"><span class="s2082888DefaultParagraphFont">51A-2-18</span></a><span xml:space="preserve" class="s2082888DefaultParagraphFont"> apply to the examinations.</span></p><p dir="ltr" class="s2082888Normal"><span xml:space="preserve" class="s2082888000002"> </span></p><p dir="ltr" class="s2082888NoIndent"><span xml:space="preserve" class="s2082888DefaultParagraphFont-000003">Source: </span><span class="s2082888SCL">SL 1996, ch 280, § 7; SL 2021, ch 204, § 3.</span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 51A-7 - BRANCH BANKS AND DRIVE-IN FACILITIES</title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2071747Normal { margin-top: 0; margin-bottom: 0; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2071747SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2071747CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2071747CL-000000 { font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2071747Normal-000001 { margin-top: 0; margin-bottom: 0; text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2071747DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2071747DefaultParagraphFont-000002 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2071747000003 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2071747SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2071747SCL-000004 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style></head><body><div><p dir="ltr" class="s2071747Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=51A-7-20"><span class="s2071747SENU">51A-7-20</span></a><span xml:space="preserve" class="s2071747SENU">. </span><span class="s2071747CL">Reports required from out</span><span class="s2071747CL-000000">-</span><span class="s2071747CL">of</span><span class="s2071747CL-000000">-</span><span class="s2071747CL">state bank with South Dakota branch.</span></p><p dir="ltr" class="s2071747Normal-000001"><span class="s2071747DefaultParagraphFont">The director may require periodic reports regarding any out</span><span class="s2071747DefaultParagraphFont-000002">-</span><span class="s2071747DefaultParagraphFont">of</span><span class="s2071747DefaultParagraphFont-000002">-</span><span class="s2071747DefaultParagraphFont">state bank that has established and maintained a branch in South Dakota. The required reports may be provided by the bank or by the bank supervisory agency having primary responsibility for the bank. Any reporting requirements prescribed by the director under this section shall be consistent with the reporting requirements applicable to South Dakota state banks.</span></p><p dir="ltr" class="s2071747Normal"><span xml:space="preserve" class="s2071747000003"> </span></p><p dir="ltr" class="s2071747Normal"><span class="s2071747SCL">Source:</span><span xml:space="preserve" class="s2071747SCL-000004"> SL 1996, ch 280, § 8.</span></p></div></body></html><br /><hr><br /> <HTML> <HEAD> <HTML> <HEAD> <meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 51A-7 - BRANCH BANKS AND DRIVE-IN FACILITIES51A-7-21 </title> <META NAME="Keywords" Content="South Dakota Codified Laws SDCL 51A-7-21 "> <META NAME="Description" Content="South Dakota Codified Laws 51A-7-21"> </HEAD> <BODY> <!-- File converted by Wp2Html Version 4.0 --> <!-- Email Andrew@brackenbeds.co.uk for more details --> <!-- WP Style Open: System_34 --><!-- WP Style End: System_34 --> <Div align="full"> <!-- WP Paired Style On: SENU -->&nbsp;&nbsp;&nbsp;&nbsp;<!-- WP Style End: SENU --> 51A-7-21, 51A-7-22. <!-- WP Paired Style Off: SENU -->&nbsp;<!-- WP Style End: SENU --> Repealed by SL 2008, ch 252, &#167;&#167;&nbsp;40, 41.<p> </BODY> </HTML> <br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml" lang="en-US"><head><meta charset="UTF-8"><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 51A-7 - BRANCH BANKS AND DRIVE-IN FACILITIES</title><meta name="Generator" content="PowerTools for Open XML"><style>span { white-space: pre-wrap; } p.s2082889Normal { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s2082889SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2082889CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2082889Statute { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s2082889DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2082889DefaultParagraphFont-000000 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2082889000001 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s2082889NoIndent { text-indent: 0.00in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s2082889DefaultParagraphFont-000002 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2082889SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style><meta name="viewport" content="width=device-width, initial-scale=1"><meta name="twitter:card" content="summary"><meta property="og:title" content="SD 51A-7-23 - Joint examinations of joint enforcement actions by commission and bank supervisory agencies."><meta property="og:description" content="SDLRC Codified Law 51A-7-23 - Joint examinations of joint enforcement actions by commission and bank supervisory agencies."><meta property="og:type" content="website"><meta property="og:url" content="https://sdlegislature.gov/Statutes?Statute=51A-7-23"><meta property="og:image" content="https://lawmakerdocuments.blob.core.usgovcloudapi.net/photos/logoshape.webp"><meta property="og:site_name" content="South Dakota Legislature"></head><body><div><p dir="ltr" class="s2082889Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=51A-7-23" rel="noopener"><span class="s2082889SENU">51A-7-23</span></a><span xml:space="preserve" class="s2082889SENU">. </span><span xml:space="preserve" class="s2082889CL">Joint examinations of joint enforcement actions by commission and bank supervisory agencies. </span></p><p dir="ltr" class="s2082889Statute"><span class="s2082889DefaultParagraphFont">The commission may enter into joint examinations or joint enforcement actions with other bank supervisory agencies having concurrent jurisdiction over any branch established and maintained in South Dakota by an out</span><span class="s2082889DefaultParagraphFont-000000">-</span><span class="s2082889DefaultParagraphFont">of</span><span class="s2082889DefaultParagraphFont-000000">-</span><span xml:space="preserve" class="s2082889DefaultParagraphFont">state bank or any branch established and maintained by a South Dakota state bank in any host state. The director may at any time take any actions independently if the director deems such actions to be necessary or appropriate to carry out the commission's responsibilities under §§ </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=51A-7-13" rel="noopener"><span class="s2082889DefaultParagraphFont">51A-7-13</span></a><span xml:space="preserve" class="s2082889DefaultParagraphFont"> to </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=51A-7-26" rel="noopener"><span class="s2082889DefaultParagraphFont">51A-7-26</span></a><span class="s2082889DefaultParagraphFont">, inclusive, or to ensure compliance with the laws of South Dakota. However, in the case of an out</span><span class="s2082889DefaultParagraphFont-000000">-</span><span class="s2082889DefaultParagraphFont">of</span><span class="s2082889DefaultParagraphFont-000000">-</span><span class="s2082889DefaultParagraphFont">state state bank, the director shall recognize the exclusive authority of the home state regulator with respect to matters of safety and soundness.</span></p><p dir="ltr" class="s2082889Normal"><span xml:space="preserve" class="s2082889000001"> </span></p><p dir="ltr" class="s2082889NoIndent"><span xml:space="preserve" class="s2082889DefaultParagraphFont-000002">Source: </span><span class="s2082889SCL">SL 1996, ch 280, § 11; SL 2021, ch 204, § 4.</span></p></div></body></html><br /><hr><br /> <HTML> <HEAD> <HTML> <HEAD> <meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 51A-7 - BRANCH BANKS AND DRIVE-IN FACILITIES51A-7-24 </title> <META NAME="Keywords" Content="South Dakota Codified Laws SDCL 51A-7-24 "> <META NAME="Description" Content="South Dakota Codified Laws 51A-7-24"> </HEAD> <BODY> <!-- File converted by Wp2Html Version 4.0 --> <!-- Email Andrew@brackenbeds.co.uk for more details --> <!-- WP Style Open: System_34 --><!-- WP Style End: System_34 --> <Div align="full"> <!-- WP Paired Style On: SENU -->&nbsp;&nbsp;&nbsp;&nbsp;<!-- WP Style End: SENU --> 51A-7-24. <!-- WP Paired Style Off: SENU -->&nbsp;<!-- WP Style End: SENU --> Repealed by SL 2008, ch 252, &#167;&nbsp;42.<p> </BODY> </HTML> <br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 51A-7 - BRANCH BANKS AND DRIVE-IN FACILITIES</title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2071751Normal { margin-top: 0; margin-bottom: 0; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2071751SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2071751CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2071751CL-000000 { font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2071751Normal-000001 { margin-top: 0; margin-bottom: 0; text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2071751DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2071751DefaultParagraphFont-000002 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2071751000003 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2071751SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2071751SCL-000004 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style></head><body><div><p dir="ltr" class="s2071751Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=51A-7-25"><span class="s2071751SENU">51A-7-25</span></a><span xml:space="preserve" class="s2071751SENU">. </span><span class="s2071751CL">Authority of director in case of violation by South Dakota branch of out</span><span class="s2071751CL-000000">-</span><span class="s2071751CL">of</span><span class="s2071751CL-000000">-</span><span class="s2071751CL">state bank.</span></p><p dir="ltr" class="s2071751Normal-000001"><span class="s2071751DefaultParagraphFont">If it is determined that a branch maintained by an out</span><span class="s2071751DefaultParagraphFont-000002">-</span><span class="s2071751DefaultParagraphFont">of</span><span class="s2071751DefaultParagraphFont-000002">-</span><span class="s2071751DefaultParagraphFont">state state bank in South Dakota is being operated in violation of any provision of the laws of South Dakota or is being operated in an unsafe and unsound manner, the director has the authority to take any enforcement action as though the branch were a South Dakota state bank if the director gives notice to the home state regulator of the enforcement action.</span></p><p dir="ltr" class="s2071751Normal"><span xml:space="preserve" class="s2071751000003"> </span></p><p dir="ltr" class="s2071751Normal"><span class="s2071751SCL">Source:</span><span xml:space="preserve" class="s2071751SCL-000004"> SL 1996, ch 280, § 13.</span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml" lang="en-US"><head><meta charset="UTF-8"><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 51A-7 - BRANCH BANKS AND DRIVE-IN FACILITIES</title><meta name="Generator" content="PowerTools for Open XML"><style>span { white-space: pre-wrap; } p.s2082890Normal { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s2082890SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2082890CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2082890Statute { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s2082890DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2082890000000 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s2082890NoIndent { text-indent: 0.00in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s2082890DefaultParagraphFont-000001 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2082890SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style><meta name="viewport" content="width=device-width, initial-scale=1"><meta name="twitter:card" content="summary"><meta property="og:title" content="SD 51A-7-26 - Promulgation of rules to establish fees."><meta property="og:description" content="SDLRC Codified Law 51A-7-26 - Promulgation of rules to establish fees."><meta property="og:type" content="website"><meta property="og:url" content="https://sdlegislature.gov/Statutes?Statute=51A-7-26"><meta property="og:image" content="https://lawmakerdocuments.blob.core.usgovcloudapi.net/photos/logoshape.webp"><meta property="og:site_name" content="South Dakota Legislature"></head><body><div><p dir="ltr" class="s2082890Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=51A-7-26" rel="noopener"><span class="s2082890SENU">51A-7-26</span></a><span xml:space="preserve" class="s2082890SENU">. </span><span xml:space="preserve" class="s2082890CL">Promulgation of rules to establish fees. </span></p><p dir="ltr" class="s2082890Statute"><span xml:space="preserve" class="s2082890DefaultParagraphFont">The commission may promulgate rules pursuant to chapter </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=1-26" rel="noopener"><span class="s2082890DefaultParagraphFont">1-26</span></a><span xml:space="preserve" class="s2082890DefaultParagraphFont"> to establish the fees provided by §§ </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=51A-7-13" rel="noopener"><span class="s2082890DefaultParagraphFont">51A-7-13</span></a><span xml:space="preserve" class="s2082890DefaultParagraphFont"> to </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=51A-7-15" rel="noopener"><span class="s2082890DefaultParagraphFont">51A-7-15</span></a><span xml:space="preserve" class="s2082890DefaultParagraphFont">, inclusive, and to provide the necessary forms to administer §§ </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=51A-7-13" rel="noopener"><span class="s2082890DefaultParagraphFont">51A-7-13</span></a><span xml:space="preserve" class="s2082890DefaultParagraphFont"> to </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=51A-7-25" rel="noopener"><span class="s2082890DefaultParagraphFont">51A-7-25</span></a><span class="s2082890DefaultParagraphFont">, inclusive.</span></p><p dir="ltr" class="s2082890Normal"><span xml:space="preserve" class="s2082890000000"> </span></p><p dir="ltr" class="s2082890NoIndent"><span xml:space="preserve" class="s2082890DefaultParagraphFont-000001">Source: </span><span class="s2082890SCL">SL 1996, ch 280, § 14; SL 2021, ch 204, § 5.</span></p></div></body></html><br /><hr><br /> <HTML> <HEAD> <HTML> <HEAD> <meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 51A-7 - BRANCH BANKS AND DRIVE-IN FACILITIES51A-7-27 </title> <META NAME="Keywords" Content="South Dakota Codified Laws SDCL 51A-7-27 "> <META NAME="Description" Content="South Dakota Codified Laws 51A-7-27"> </HEAD> <BODY> <!-- File converted by Wp2Html Version 4.0 --> <!-- Email Andrew@brackenbeds.co.uk for more details --> <!-- WP Style Open: System_34 --><!-- WP Style End: System_34 --> <Div align="full"> <!-- WP Paired Style On: SENU -->&nbsp;&nbsp;&nbsp;&nbsp;<!-- WP Style End: SENU --> 51A-7-27. <!-- WP Paired Style Off: SENU -->&nbsp;<!-- WP Style End: SENU --> Repealed by SL 2008, ch 252, &#167;&nbsp;43.<p> </BODY> </HTML> <br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 51A-7 - BRANCH BANKS AND DRIVE-IN FACILITIES</title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2071754Normal { margin-top: 0; margin-bottom: 0; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2071754SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2071754CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2071754Normal-000000 { margin-top: 0; margin-bottom: 0; text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2071754DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2071754000001 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2071754SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2071754SCL-000002 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style></head><body><div><p dir="ltr" class="s2071754Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=51A-7-28"><span class="s2071754SENU">51A-7-28</span></a><span xml:space="preserve" class="s2071754SENU">. </span><span class="s2071754CL">Prohibitions concerning bank names.</span></p><p dir="ltr" class="s2071754Normal-000000"><span class="s2071754DefaultParagraphFont">No provision of this chapter permits any person, partnership, association, or corporation to identify a newly formed bank, to rename an existing bank, or to open a branch of a newly formed or existing bank, if the effect of such formation, opening, or renaming would be likely to create confusion between the trade name, trademark, service mark, or trade identity of such bank or branch and an existing bank or branch having prior trade name, trademark, service mark, or trade identity rights in the trade area sought to be entered by such newly formed or renamed bank or branch.</span></p><p dir="ltr" class="s2071754Normal"><span xml:space="preserve" class="s2071754000001"> </span></p><p dir="ltr" class="s2071754Normal"><span class="s2071754SCL">Source:</span><span xml:space="preserve" class="s2071754SCL-000002"> SL 1996, ch 281.</span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 51A-7 - BRANCH BANKS AND DRIVE-IN FACILITIES</title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2071755Normal { margin-top: 0; margin-bottom: 0; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2071755SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2071755CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2071755Normal-000000 { margin-top: 0; margin-bottom: 0; text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2071755DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2071755000001 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2071755SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2071755SCL-000002 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } body { text-decoration-skip-ink: none; } </style></head><body><div><p dir="ltr" class="s2071755Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=51A-7-29"><span class="s2071755SENU">51A-7-29</span></a><span xml:space="preserve" class="s2071755SENU">. </span><span class="s2071755CL">Intentional misleading as to source of product, service, or communication prohibited.</span></p><p dir="ltr" class="s2071755Normal-000000"><span class="s2071755DefaultParagraphFont">No person may use the word, bank, or any variation of the word, bank, or logo of an existing bank, trust company, savings association, savings bank, or affiliate in a manner that intentionally misleads a person about the source of origin, affiliation, or sponsorship of a product or service or about the true identity source of a communication regardless of the nature of the communication.</span></p><p dir="ltr" class="s2071755Normal"><span xml:space="preserve" class="s2071755000001"> </span></p><p dir="ltr" class="s2071755Normal"><span class="s2071755SCL">Source:</span><span xml:space="preserve" class="s2071755SCL-000002"> SL 2008, ch 252, § 44.</span></p></div></body></html>