Chapter
ORGANIZATION, APPLICATIONS, AND CAPITAL STRUCTURE OF BANKING CORPORATIONS
- S.D. Codified Laws § 51A-3-1— Corporation laws applicable to banks
- S.D. Codified Laws § 51A-3-1.1— Bank organized as limited liability company--Rules
- S.D. Codified Laws § 51A-3-2— Articles of incorporation or articles of organization--Content--Name of bank--Capital stock or members' equity
- S.D. Codified Laws § 51A-3-3— Incorporators of bank
- S.D. Codified Laws § 51A-3-4— Minimum capital
- S.D. Codified Laws § 51A-3-5— Sale price of original stock issue or original issue of members' equity--Excess credited to surplus
- S.D. Codified Laws § 51A-3-6— Transfers to surplus
- S.D. Codified Laws § 51A-3-7— Applications--Fee
- S.D. Codified Laws § 51A-3-8— Acceptance of application for charter
- S.D. Codified Laws § 51A-3-9— Conditions to be considered in ruling on application
- S.D. Codified Laws § 51A-3-10— Hearing on application
- S.D. Codified Laws § 51A-3-11— 51A-3-11. Repealed by SL 2008, ch 252, § 14
- S.D. Codified Laws § 51A-3-12— Endorsement and filing of approved articles--Notice of disapproval
- S.D. Codified Laws § 51A-3-13— Subscription of shares--Minimum collection--Refund on disapproval of application
- S.D. Codified Laws § 51A-3-14— Call by incorporators for full payment of subscriptions--Issuance of certificate of authority by director--Commencement of business within one year
- S.D. Codified Laws § 51A-3-15— Applications for branch banks and detached drive-in facilities--Applicable provisions
- S.D. Codified Laws § 51A-3-16— Preferred stock, capital notes, and debentures--Director approval of issuance--Terms of issue--Director approval of retirement or payment
- S.D. Codified Laws § 51A-3-17— Preferred stock, capital notes, and debentures outstanding--Restrictions on dividends
- S.D. Codified Laws § 51A-3-17.1— Dividends--Definition
- S.D. Codified Laws § 51A-3-18— Dividends--Restrictions and requirements for declaration
- S.D. Codified Laws § 51A-3-19— Approval of director required for unusually large dividends
- S.D. Codified Laws § 51A-3-20— Recovery of dividends paid when capital impaired
- S.D. Codified Laws § 51A-3-21— Net profits defined
- S.D. Codified Laws § 51A-3-22— Amendment of articles of incorporation--Changes requiring approval of director--Filing of amendments
- S.D. Codified Laws § 51A-3-23— Extension of charter
- S.D. Codified Laws § 51A-3-24— Reporting transfers of stock
- S.D. Codified Laws § 51A-3-25— Change in control of bank
- S.D. Codified Laws § 51A-3-26— Lien on shares--Enforcement--Marking of certificates
- S.D. Codified Laws § 51A-3-27— Purchase or purchase money loans on security of own stock prohibited--Exception
- S.D. Codified Laws § 51A-3-28— Credit of dividends, interest, or profits on indebtedness--Foreclosure of lien
- S.D. Codified Laws § 51A-3-29— Repealed by SL 2012, ch 252, § 12
- S.D. Codified Laws § 51A-3-30— Adoption and approval of bylaws
- S.D. Codified Laws § 51A-3-31— Indemnification of officers, directors, or employees
- S.D. Codified Laws § 51A-3-32— Board of directors--Number of members--Citizenship requirements--Election
- S.D. Codified Laws § 51A-3-33— Removal of directors--Vote required
- S.D. Codified Laws § 51A-3-34— Board of directors--Meetings
- S.D. Codified Laws § 51A-3-35— Election of officers--Terms--Vacancies
- S.D. Codified Laws § 51A-3-36— Names of officers and information forwarded to director--Vacancy on refusal to confirm
- S.D. Codified Laws § 51A-3-37— Bonds of officers and employees
- S.D. Codified Laws § 51A-3-38— Insurance protection
- S.D. Codified Laws § 51A-3-39— Amount of bonds and insurance prescribed by bank directors--Approval by director of division