South Dakota Statutes
§ 51A-4-30 — Investment in federally sponsored housing loans.
South Dakota § 51A-4-30
This text of South Dakota § 51A-4-30 (Investment in federally sponsored housing loans.) 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-4-30 (2026).
Text
Banks and trust companies authorized to do business under this title that are approved or certified by the secretary of housing and urban development or approved or certified by the administrator of veterans affairs may:
(1)Make such loans and advances of credit and purchases of obligations representing loans and advances of credit as are eligible for insurance by the federal housing administration or the administrator of veterans affairs and to obtain such insurance;
(2)Make such loans, secured by real property or leasehold, as the federal housing administration or the administrator of veterans affairs insures or makes a commitment to insure and to obtain such insurance.
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Legislative History
SL 1935, ch 112, § 1; SL 1937, ch 161, § 1; SDC 1939, § 55.4401; SDCL, § 51-11-3; SL 1970, ch 266; SL 1988, ch 377, § 100; SDCL, § 51-18-25.
Nearby Sections
15
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Bluebook (online)
South Dakota § 51A-4-30, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/51A-4-30.