Maintenance of deposit as condition for loan.

  1. Law
  2. South Dakota Codified Laws
  3. Banks and Banking
  4. Bank Loans
  5. Maintenance of deposit as condition for loan.

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

51A-12-17. Maintenance of deposit as condition for loan.

A bank may require a borrower to maintain funds on deposit as a condition precedent to the granting of credit or any loan.

Source: SL 1983, ch 359, §2; SDCL, §51-24-18.


Download our app to see the most-to-date content.