Temporary order of director against unsound practice.

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51A-2-25. Temporary order of director against unsound practice.

The director may issue a temporary order having force until the next regular meeting of the commission, or special meeting of the commission if requested by the director or by a member of the commission, requiring that any person cease and desist from engaging in any unsound or unlawful banking practice.

Source: SL 1969, ch 11, §2.17 (4); SL 1970, ch 265, §12; SL 1981, ch 346, §10; SL 1988, ch 377, §41; SDCL §51-16-27; SL 2008, ch 252, §9.


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