Division Of Banking

  1. Law
  2. South Dakota Codified Laws
  3. Banks and Banking
  4. Division Of Banking

Checkout our iOS App for a better way to browser and research.

Section
51A-2-1

Establishment of Division of Banking.

Section
51A-2-2

Department and commission as division within Department of Labor and Regulation--Direction and supervision by department--Independent functions retained by division.

Section
51A-2-3

Director of division--Vacancy--Qualifications.

Section
51A-2-4

Director of division--Appointment and removal.

Section
51A-2-5

Deputy director--Appointment--Powers and duties.

Section
51A-2-6

Staff employees--Compensation--Dismissal--Background investigation.

Section
51A-2-7

Appointment of State Banking Commission--Director as executive officer--Qualifications of members.

Section
51A-2-8

Terms of commission members--Vacancies--Removal for cause.

Section
51A-2-9

Chairman and secretary of commission--Per diem and expenses of members.

Section
51A-2-10

Meetings of commission.

Section
51A-2-11

Quorum--Replacement of nonparticipating member.

Section
51A-2-12

Clerical, technical, and legal assistance for commission.

Section
51A-2-13

Rules promulgated by commission.

Section
51A-2-14

Rules granting additional authority to banks to promote competitive equality.

Section
51A-2-14.1

State chartered banks granted powers allowed federally chartered banks.

Section
51A-2-14.2

Restrictions on federally chartered banks apply to state chartered banks.

Section
51A-2-15

Considerations of commission in making rules and regulations.

Section
51A-2-16

Applications to organize or change control of bank, to merge, to open or close branch banks, or to change location.

Section
51A-2-17

Forms of advertising.

Section
51A-2-18

Examination of banks by director--Substitution for examination requirements.

Section
51A-2-19

Subpoena power--Witness fees and mileage.

Section
51A-2-20

Examination by director upon application by board--Fees and expenses.

Section
51A-2-21

Order to prohibit stockholders' action pending judicial determination.

Section
51A-2-22

Removal of director, officer, or employee of bank--Grounds for order by director.

Section
51A-2-23

Review of removal order by commission.

Section
51A-2-24

Accounting practices--Valuation of assets--Required practices to protect loans.

Section
51A-2-25

Temporary order of director against unsound practice.

Section
51A-2-26

Permanent order of commission against unsound practice.

Section
51A-2-27

Injunctive relief.

Section
51A-2-28

Seal of director.

Section
51A-2-29

Record of fees--Disposition of money collected.

Section
51A-2-30

Banking special revenue fund created--Disbursements.

Section
51A-2-31

Copies of official records and papers in office of division--Evidentiary value--Fee for certified copy.

Section
51A-2-32

Oaths and bonds of commissioners, director, deputy director, examiners and special examiners, and other division personnel.

Section
51A-2-33

Secrecy oath of commissioners, director and division officers and employees--Exceptions to secrecy requirements.

Section
51A-2-34

Interest in bank by division officers or employees prohibited--Relinquishment of interest by director or deputy for term of office.

Section
51A-2-35

Records of division open to public inspection--Exceptions--Court order.

Section
51A-2-36

Examination and supervision fees.

Section
51A-2-37

Examinations of parent corporations by director--Penalty for refusal to allow examination.

Sections
51A-2-38 - to 51A-2-43

Repealed.