Home/South Dakota/Statutes/Title 51A: BANKS AND BANKING/Ch. 51A-6A: BRANCH BANKS AND DRIVE-IN FACILITIES/§ 51A-7-16
South Dakota Statutes

§ 51A-7-16 — Restrictions on branches by other states.

South Dakota § 51A-7-16
JurisdictionSouth Dakota
Title 51ABANKS AND BANKING
Ch. 51A-6ABRANCH BANKS AND DRIVE-IN FACILITIES

This text of South Dakota § 51A-7-16 (Restrictions on branches by other states.) 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-7-16 (2026).

Text

To the extent another state imposes a restriction on the ability of a South Dakota bank to establish, acquire, or retain a branch in that state, the other state's restriction shall apply to the establishment, acquisition, or retention of a branch in South Dakota by a bank from that state.

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Legislative History

SL 1996, ch 280, § 4; SL 2008, ch 252, § 37.

Nearby Sections

15
§ 51A-1-1
Applicability of provisions--Retention of capital structure by banks.
§ 51A-1-10
False entries--Obstruction of examination--Felonies.
§ 51A-1-11
False filing as misdemeanor.
§ 51A-1-12
Payment or indemnification of person for fine, penalty or judgment unlawful--Civil liability--Exceptions--Action to recover payments.
§ 51A-1-13
Misappropriation of funds or information by officer, director, or employee as felony.
§ 51A-1-14
Receipt, possession, or sale of misappropriated funds or information as felony.
§ 51A-1-15
Acknowledgments by officers or employees of banks validated.
§ 51A-1-16
Severability of provisions.
§ 51A-1-17
No duty to disclose information about customers--Exceptions.
§ 51A-1-18
Agreements or compacts with other jurisdictions--Administration--Filing--Availability.
§ 51A-1-19
Central bank digital currency--Public transaction prohibited.
§ 51A-1-2
Definition of terms.
§ 51A-1-20
Central bank digital currency--Private transaction--Alternative required.
§ 51A-1-3
Adverse claims against bank deposits, contents of safe deposit box or property in safekeeping.
§ 51A-1-4
Disqualification of officer, employee or director for violation--Civil liability.
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Bluebook (online)
South Dakota § 51A-7-16, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/51A-7-16.