No person, partnership or corporation may advertise, publish or otherwise represent that he is engaged in the business of banking without having first obtained a certificate of authority from the director, as provided in this title. A violation of this section is a Class 1 misdemeanor.
S.D. Codified Laws § 51A-4-5
Certificate of authority required to engage in banking business--Misdemeanor
Source: SL 1909, ch 222, art 2, § 47; SL 1915, ch 102, art 2, § 51; RC 1919, § 9000; SDC 1939, §§ 6.0403, 6.9905; SDCL, § 51-6-1; SL 1969, ch 11, § 4.2; SL 1980, ch 24, § 85; SL…
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.