Sections 58-2-18 and 58-2-19 shall not be construed to prohibit the director or any employee from procuring a loan secured by a mortgage on real estate which mortgage and loan would be a proper investment under the provisions of this title.
S.D. Codified Laws § 58-2-20
Procurement of loan secured by mortgage on real estate permitted to division personnel
Source: SL 1966, ch 111, ch 2, § 8.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.