Considerations of commission in making rules and regulations.

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

51A-2-15. Considerations of commission in making rules and regulations.

In making rules, the commission shall act in the interests of promoting and maintaining a sound banking system; securing deposits, depositors and other customers; preserving the liquid position of banks; promoting the competitive equality of state-chartered banks with national banks and other financial institutions in all aspects of banking practices and permitted nonbanking activities; and preventing injurious credit expansions and contractions.

Source: SL 1969, ch 11, §2.29; SL 1981, ch 346, §19; SDCL, §51-16-39; SL 1988, ch 377, §52; SDCL, §51-16-14.2.


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