A bank may require a borrower to maintain funds on deposit as a condition precedent to the granting of credit or any loan.
S.D. Codified Laws § 51A-12-17
Maintenance of deposit as condition for loan
Source: SL 1983, ch 359, § 2; SDCL, § 51-24-18.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.