South Dakota § 51A-7-25 Authority of director in case of violation by South Dakota branch of out

South Dakota Statutes

§ 51A-7-25 — Authority of director in case of violation by South Dakota branch of out

South Dakota § 51A-7-25

Title 51ABANKS AND BANKING

Ch. 51A-6ABRANCH BANKS AND DRIVE-IN FACILITIES

This text of South Dakota § 51A-7-25 (Authority of director in case of violation by South Dakota branch of out) 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-7-25 (2026).

Text

If it is determined that a branch maintained by an out - of - state state bank in South Dakota is being operated in violation of any provision of the laws of South Dakota or is being operated in an unsafe and unsound manner, the director has the authority to take any enforcement action as though the branch were a South Dakota state bank if the director gives notice to the home state regulator of the enforcement action.

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If it is determined that a branch maintained by an out - of - state state bank in South Dakota is being operated in violation of any provision of the laws of South Dakota or is being operated in an unsafe and unsound manner, the director has the authority to take any enforcement action as though the branch were a South Dakota state bank if the director gives notice to the home state regulator of the enforcement action.