South Dakota § 51A-1-5 Failure to obey director's orders--Civil liability.

South Dakota Statutes

§ 51A-1-5 — Failure to obey director's orders--Civil liability.

South Dakota § 51A-1-5

Title 51ABANKS AND BANKING

Ch. 51A-1DEFINITIONS, GENERAL PROVISIONS AND PENALTIES

This text of South Dakota § 51A-1-5 (Failure to obey director's orders--Civil liability.) is published on Counsel Stack Legal Research, covering South Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

S.D. Codified Laws § 51A-1-5 (2026).

Text

Any officer, employee, or director of a bank who fails to obey any lawful order made by the director or commission under provisions of this title is subject to the imposition of a civil fine by the director or commission not exceeding one thousand dollars per violation for each day the officer, employee, director, or bank has willfully failed to comply with the order. Any funds received from such fines shall be deposited in the banking special revenue fund.

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Any officer, employee, or director of a bank who fails to obey any lawful order made by the director or commission under provisions of this title is subject to the imposition of a civil fine by the director or commission not exceeding one thousand dollars per violation for each day the officer, employee, director, or bank has willfully failed to comply with the order. Any funds received from such fines shall be deposited in the banking special revenue fund.