A bank may, directly or through subsidiaries, carry on the business of banking, pursuant to § 51A-4-1, with any person licensed in this state to engage in the business of industrial hemp or marijuana, or with any person engaging in legal business dealings with such licensee.
S.D. Codified Laws § 51A-4-1.1
Banking with industrial hemp or marijuana licensees and associated persons authorized
Source: SL 2021, ch 202, § 1.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.