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S.D. Codified Laws § 51A-4-20.3

Promulgation of rules for investment in community development corporations

Source: SL 1992, ch 334, § 1C.

The Banking Commission may, by rule promulgated pursuant to chapter 1-26, establish additional requirements concerning a bank's investment in community development corporations and may establish criteria for permissible community development corporation investments.

Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.