South Dakota § 51A-4-5 Certificate of authority required to engage in banking business--Misdemeanor.

South Dakota Statutes

§ 51A-4-5 — Certificate of authority required to engage in banking business--Misdemeanor.

South Dakota § 51A-4-5

Title 51ABANKS AND BANKING

Ch. 51A-2GENERAL POWERS OF BANKS

This text of South Dakota § 51A-4-5 (Certificate of authority required to engage in banking business--Misdemeanor.) 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-4-5 (2026).

Text

No person, partnership or corporation may advertise, publish or otherwise represent that he is engaged in the business of banking without having first obtained a certificate of authority from the director, as provided in this title. A violation of this section is a Class 1 misdemeanor.

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Legislative History

SL 1909, ch 222, art 2, § 47; SL 1915, ch 102, art 2, § 51; RC 1919, § 9000; SDC 1939, §§ 6.0403, 6.9905; SDCL, § 51-6-1; SL 1969, ch 11, § 4.2; SL 1980, ch 24, § 85; SL 1988, ch 377, § 80; SDCL, § 51-18-2.