South Dakota § 51A-5-7 Foreign bank or trust company to comply with requirements to act as fiduciary in state--Violation as misdemeanor.

South Dakota Statutes

§ 51A-5-7 — Foreign bank or trust company to comply with requirements to act as fiduciary in state--Violation as misdemeanor.

South Dakota·Title 51A BANKS AND BANKING·Ch. 51A-2 TRUST BUSINESS OF BANKS

No bank or trust company organized and doing business under the laws of any state or territory of the United States of America, or of the District of Columbia, other than South Dakota, or a national bank doing business in any other state, territory, or district, may act in a fiduciary capacity in this state, except pursuant to the provisions of §§ 51A-5-8 to 51A-5-10 , inclusive. A violation of this section is a Class 2 misdemeanor.

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No bank or trust company organized and doing business under the laws of any state or territory of the United States of America, or of the District of Columbia, other than South Dakota, or a national bank doing business in any other state, territory, or district, may act in a fiduciary capacity in this state, except pursuant to the provisions of §§ 51A-5-8 to 51A-5-10 , inclusive. A violation of this section is a Class 2 misdemeanor.

South Dakota § 51A-5-7 (Foreign bank or trust company to comply with requirements to act as fiduciary in state--Violation as misdemeanor.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.