Capital requirements for bank operating branch.

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51A-7-3. Capital requirements for bank operating branch.

Any bank operating a branch bank or banks shall have total capital of not less than the minimum amount required by rule of the commission.

Source: SL 1933 (SS), ch 2, §2; SDC 1939, §6.0402; SL 1957, ch 11; SDCL, §51-8-4; SL 1969, ch 11, §6.3; SL 1982, ch 334, §2; SL 1988, ch 377, §127; SDCL, §51-20-3.


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