The directors of a bank shall also direct and require suitable insurance protection to the bank against robbery, burglary, theft and other insurable hazards to which the bank may be exposed in the operation of its business on the premises or elsewhere.
S.D. Codified Laws § 51A-3-38
Insurance protection
Source: SL 1969, ch 11, § 3.29; SDCL, § 51-17-37.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.