No South Dakota state bank may establish or maintain a branch in another state until the application and appropriate fee has been submitted and approved as provided in § 51A-2-16. In acting on an application, the director or commission, as the case may be, may consider the views of the appropriate bank supervisory agencies.
S.D. Codified Laws § 51A-7-15
Application to establish interstate branch--Fee
Source: SL 1996, ch 280, § 3; SL 2008, ch 252, § 36.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.