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S.D. Codified Laws § 51A-7-16

Restrictions on branches by other states

Source: SL 1996, ch 280, § 4; SL 2008, ch 252, § 37.

To the extent another state imposes a restriction on the ability of a South Dakota bank to establish, acquire, or retain a branch in that state, the other state's restriction shall apply to the establishment, acquisition, or retention of a branch in South Dakota by a bank from that state.

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