South Dakota Statutes

§ 51A-4-30 — Investment in federally sponsored housing loans.

South Dakota § 51A-4-30
JurisdictionSouth Dakota
Title 51ABANKS AND BANKING
Ch. 51A-2GENERAL POWERS OF BANKS

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.

Free access — add to your briefcase to read the full text and ask questions with AI

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
View on official source ↗

Cite This Page — Counsel Stack

Bluebook (online)
South Dakota § 51A-4-30, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/51A-4-30.