Restrictions on branches by other states.

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51A-7-16. Restrictions on branches by other states.

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.

Source: SL 1996, ch 280, §4; SL 2008, ch 252, §37.


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