Any bank failing to make and transmit to the director any report as required by this title, is subject to a civil penalty of fifty dollars for each day during which such failure continues; and if any bank fails or refuses to pay such penalty, the director shall institute proceedings for the recovery thereof.
S.D. Codified Laws § 51A-13-3
Failure to report--Civil penalty
Source: SDC 1939, § 6.0435; SDCL, § 51-12-6; SL 1969, ch 11, § 11.4; SL 1970, ch 265, § 58; SL 1980, ch 24, § 88; SDCL, § 51-25-4; SL 1995, ch 269, § 2.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.