reglab/housing_qa huggingface dataset:
SD Codified L § 51A-7-2 (2021)
2021 South Dakota Codified Laws|Title 51A - Banks and Banking|Chapter 07 - Branch Banks And Drive-In Facilities|Section 51A-7-2 - Examination of branches.

51A-7-2. Examination of branches.Every branch bank or mobile branch bank is subject to examination by the director as provided in §§51A-2-18 and 51A-2-20 and shall pay the fees prescribed therefor. Source: SDC 1939, §6.0402 as added by SL 1957, ch 11; SDCL §51-8-5; SL 1969, ch 11, §6.2; SL 1988, ch 377, §126; SDCL §51-20-2; SL 2008, ch 252, §29.
SD Codified L § 51A-7-3 (2021)
2021 South Dakota Codified Laws|Title 51A - Banks and Banking|Chapter 07 - Branch Banks And Drive-In Facilities|Section 51A-7-3 - Capital requirements for bank operating branch.

51A-7-3. Capital requirements for bank operating branch.Any bank operating a branch bank or banks shall have total capital of not less than the minimum amount required by rule of the commission. Source: SL 1933 (SS), ch 2, §2; SDC 1939, §6.0402; SL 1957, ch 11; SDCL, §51-8-4; SL 1969, ch 11, §6.3; SL 1982, ch 334, §2; SL 1988, ch 377, §127; SDCL, §51-20-3.
SD Codified L § 51A-7-4 (2021)
2021 South Dakota Codified Laws|Title 51A - Banks and Banking|Chapter 07 - Branch Banks And Drive-In Facilities|Section 51A-7-4 - Establishment of branch banks.

51A-7-4. Establishment of branch banks.A branch bank may be established de novo or by consolidating or merging with or purchasing the assets of another state bank, national bank or savings and loan association, or another federally insured financial institution. Source: SL 1933 (SS), ch 2, §2; SDC 1939, §6.0402; SL 1957, ch 11; SDCL §51-8-1; SL 1969, ch 11, §6.4; SL 1978, ch 351; SL 1981, ch 346, §41; SL 1990, ch 381; SDCL §51-20-4; SL 2008, ch 252, §30.
SD Codified L § 51A-7-6 (2021)
2021 South Dakota Codified Laws|Title 51A - Banks and Banking|Chapter 07 - Branch Banks And Drive-In Facilities|Section 51A-7-6 - Closing branch--Approval required--Violation as misdemeanor.

51A-7-6. Closing branch--Approval required--Violation as misdemeanor.No branch bank may close without the approval of the director. If a branch is closed the branch certificate shall be surrendered to the division. A violation of this section is a Class 2 misdemeanor. Source: SL 1984, ch 316; SL 1988, ch 377, §128; SDCL §51-20-4.2; SL 2008, ch 252, §32.
SD Codified L § 51A-7-7 (2021)
2021 South Dakota Codified Laws|Title 51A - Banks and Banking|Chapter 07 - Branch Banks And Drive-In Facilities|Section 51A-7-7 - National banks' branching authority.

51A-7-7. National banks' branching authority.Any national bank whose principal place of business is in this state is hereby authorized to do all things and perform all acts which state banks are permitted to do or perform under this chapter, subject to the conditions and restrictions provided for state banks as to exercise of like privileges. Source: SL 1933 (SS), ch 2, §2; SDC 1939, §6.0402; SL 1957, ch 11; SDCL, §51-8-6; SL 1969, ch 11, §6.5; SDCL, §51-20-5.
SD Codified L § 51A-7-8 (2021)
2021 South Dakota Codified Laws|Title 51A - Banks and Banking|Chapter 07 - Branch Banks And Drive-In Facilities|Section 51A-7-8 - Detached drive-in facility--Requirements for construction and operation.

51A-7-8. Detached drive-in facility--Requirements for construction and operation.Construction and operation of one detached drive-in facility for each bank and branch bank is authorized so long as such bank or branch bank shall comply with all the provisions of this chapter. Source: SL 1965, ch 21, §1; SDCL, §51-8-8; SL 1969, ch 11, §6.6; SDCL, §51-20-6.
SD Codified L § 51A-7-9 (2021)
2021 South Dakota Codified Laws|Title 51A - Banks and Banking|Chapter 07 - Branch Banks And Drive-In Facilities|Section 51A-7-9 - "Detached" defined.

51A-7-9."Detached" defined.A drive-in facility is "detached" within the meaning of this chapter when any part of any structure in which any of the services of the drive-in facility are carried on is located at least fifty feet from the building in which the main banking room of the bank or branch bank operating the drive-in facility is located. Source: SL 1965, ch 21, §2; SDCL, §51-8-10; SL 1969, ch 11, §6.7; SL 1981, ch 346, §43; SDCL, §51-20-7.
SD Codified L § 51A-7-10 (2021)
2021 South Dakota Codified Laws|Title 51A - Banks and Banking|Chapter 07 - Branch Banks And Drive-In Facilities|Section 51A-7-10 - Limitation on functions of detached drive-in facility.

51A-7-10. Limitation on functions of detached drive-in facility.The only banking services which may be offered or rendered to the public at any detached drive-in facility are services comparable to those customarily performed by a bank teller in a bank. No loan or discount services shall be offered or rendered to the public at any detached drive-in facility except that loan payments may be made and accepted at such facility. Source: SL 1965, ch 21, §6; SDCL, §51-8-13; SL 1969, ch 11, §6.11; SDCL, §51-20-11.
SD Codified L § 51A-7-11 (2021)
2021 South Dakota Codified Laws|Title 51A - Banks and Banking|Chapter 07 - Branch Banks And Drive-In Facilities|Section 51A-7-11 - Construction or operation of detached drive-in facility--Approval required.

51A-7-11. Construction or operation of detached drive-in facility--Approval required.No detached drive-in facility may be constructed or operated without the prior written approval of the director, in the case of a state bank, or the appropriate federal regulatory authority in the case of a national bank. Source: SL 1965, ch 21, §7; SDCL §51-8-9; SL 1969, ch 11, §6.12; SDCL §51-20-12; SL 2008, ch 252, §33.
SD Codified L § 51A-7-12 (2021)
2021 South Dakota Codified Laws|Title 51A - Banks and Banking|Chapter 07 - Branch Banks And Drive-In Facilities|Section 51A-7-12 - Indication of parent bank on branches and drive-in facilities.

51A-7-12. Indication of parent bank on branches and drive-in facilities.A branch bank, mobile branch bank, or drive-in facility shall clearly indicate the identity of its parent bank. Source: SL 1981, ch 346, §70; SDCL §51-20-13; SL 2008, ch 252, §34.
SD Codified L § 51A-7-13 (2021)
2021 South Dakota Codified Laws|Title 51A - Banks and Banking|Chapter 07 - Branch Banks And Drive-In Facilities|Section 51A-7-13 - Definition of terms.

51A-7-13. Definition of terms. Terms used in §§51A-7-13 to 51A-7-26, inclusive, mean:(1)"Acquisition of a branch," the acquisition of a branch located in a host state;(2)"Bank," a bank as defined in 12 U.S.C. §1813(h) as of January 1, 1996. The term does not include any foreign bank as defined in §12 U.S.C. 3101(7) as of January 1, 1996. However, the term includes any foreign bank organized under the laws of a territory of the United States, Puerto Rico, Guam, American Samoa, or the Virgin Islands, the deposits of which are insured by the Federal Deposit Insurance Corporation;(3)"Bank supervisory agency," any agency of another state with primary responsibility for chartering and supervising banks, the Office of the Comptroller of the Currency, the Federal Deposit Insurance Corporation, the Board of Governors of the Federal Reserve System, or any successor to these agencies;(4)"Branch," a branch bank as defined by subdivision 51A-1-2(7);(5)"Director," the director of the Division of Banking;(6)"Control," control as construed consistently with the provisions of 12 U.S.C. §1841(a)(2) as of January 1, 1996;(7)"Home state," for a state bank, the state by which the bank is chartered; for a national bank, the state in which the main office of the bank is located; and for a foreign bank, the state determined to be the home state of the foreign bank pursuant to 12 U.S.C. §3103(c) as of January 1, 1996;(8)"Home state regulator," for an out-of-state state bank, the bank supervisory agency of the state in which the bank is chartered;(9)"Host state," a state, other than the home state of a bank, in which the bank maintains, or seeks to establish and maintain a branch;(10)"Out-of-state bank," a bank whose home state is a state other than South Dakota;(11)"Out-of-state state bank," a bank chartered under the laws of any state other than South Dakota;(12)"State," any state of the United States, the District of Columbia, any territory of the United States, Puerto Rico, Guam, American Samoa, the Trust Territory of the Pacific Islands, the Virgin Islands, and the Northern Mariana Islands;(13)"South Dakota state bank," a bank chartered under the laws of South Dakota; and(14)"Commission," the State Banking Commission for South Dakota. Source: SL 1996, ch 280, §1; SL 2021, ch 204, § 2.
SD Codified L § 51A-7-14 (2021)
2021 South Dakota Codified Laws|Title 51A - Banks and Banking|Chapter 07 - Branch Banks And Drive-In Facilities|Section 51A-7-14 - Interstate branches--Approval required.

51A-7-14. Interstate branches--Approval required.With prior approval of the director, any South Dakota state bank may establish and maintain a branch or acquire a branch in a state other than South Dakota. A South Dakota state bank may conduct any activities at a branch outside of South Dakota that are permissible for a bank chartered by the host state where the branch is located. Source: SL 1996, ch 280, §2; SL 2008, ch 252, §35.
SD Codified L § 51A-7-15 (2021)
2021 South Dakota Codified Laws|Title 51A - Banks and Banking|Chapter 07 - Branch Banks And Drive-In Facilities|Section 51A-7-15 - Application to establish interstate branch--Fee.

51A-7-15. Application to establish interstate branch--Fee.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. Source: SL 1996, ch 280, §3; SL 2008, ch 252, §36.
SD Codified L § 51A-7-16 (2021)
2021 South Dakota Codified Laws|Title 51A - Banks and Banking|Chapter 07 - Branch Banks And Drive-In Facilities|Section 51A-7-16 - Restrictions on branches by other states.

51A-7-16. Restrictions on branches by other states.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. Source: SL 1996, ch 280, §4; SL 2008, ch 252, §37.
SD Codified L § 51A-7-19 (2021)
2021 South Dakota Codified Laws|Title 51A - Banks and Banking|Chapter 07 - Branch Banks And Drive-In Facilities|Section 51A-7-19 - Examination of out-of-state bank's South Dakota branch.

51A-7-19. Examination of out-of-state bank's South Dakota branch. The director may make such examinations of any branch established and maintained in South Dakota pursuant to §§51A-7-13 to 51A-7-26, inclusive, by an out-of-state state bank as the director may deem necessary to determine whether the branch is operated in compliance with the laws of South Dakota and in accordance with safe and sound banking practices. The provisions of §51A-2-18 apply to the examinations. Source: SL 1996, ch 280, §7; SL 2021, ch 204, § 3.
SD Codified L § 51A-7-20 (2021)
2021 South Dakota Codified Laws|Title 51A - Banks and Banking|Chapter 07 - Branch Banks And Drive-In Facilities|Section 51A-7-20 - Reports required from out-of-state bank with South Dakota branch.

51A-7-20. Reports required from out-of-state bank with South Dakota branch.The director may require periodic reports regarding any out-of-state bank that has established and maintained a branch in South Dakota. The required reports may be provided by the bank or by the bank supervisory agency having primary responsibility for the bank. Any reporting requirements prescribed by the director under this section shall be consistent with the reporting requirements applicable to South Dakota state banks. Source: SL 1996, ch 280, §8.
SD Codified L § 51A-7-23 (2021)
2021 South Dakota Codified Laws|Title 51A - Banks and Banking|Chapter 07 - Branch Banks And Drive-In Facilities|Section 51A-7-23 - Joint examinations of joint enforcement actions by commission and bank supervisory agencies.

51A-7-23. Joint examinations of joint enforcement actions by commission and bank supervisory agencies. The commission may enter into joint examinations or joint enforcement actions with other bank supervisory agencies having concurrent jurisdiction over any branch established and maintained in South Dakota by an out-of-state bank or any branch established and maintained by a South Dakota state bank in any host state. The director may at any time take any actions independently if the director deems such actions to be necessary or appropriate to carry out the commission's responsibilities under §§51A-7-13 to 51A-7-26, inclusive, or to ensure compliance with the laws of South Dakota. However, in the case of an out-of-state state bank, the director shall recognize the exclusive authority of the home state regulator with respect to matters of safety and soundness. Source: SL 1996, ch 280, §11; SL 2021, ch 204, § 4.
SD Codified L § 51A-7-25 (2021)
2021 South Dakota Codified Laws|Title 51A - Banks and Banking|Chapter 07 - Branch Banks And Drive-In Facilities|Section 51A-7-25 - Authority of director in case of violation by South Dakota branch of out-of-state bank.

51A-7-25. Authority of director in case of violation by South Dakota branch of out-of-state bank.If it is determined that a branch maintained by an out-of-state state bank in South Dakota is being operated in violation of any provision of the laws of South Dakota or is being operated in an unsafe and unsound manner, the director has the authority to take any enforcement action as though the branch were a South Dakota state bank if the director gives notice to the home state regulator of the enforcement action. Source: SL 1996, ch 280, §13.
SD Codified L § 51A-7-26 (2021)
2021 South Dakota Codified Laws|Title 51A - Banks and Banking|Chapter 07 - Branch Banks And Drive-In Facilities|Section 51A-7-26 - Promulgation of rules to establish fees.

51A-7-26. Promulgation of rules to establish fees. The commission may promulgate rules pursuant to chapter 1-26 to establish the fees provided by §§51A-7-13 to 51A-7-15, inclusive, and to provide the necessary forms to administer §§51A-7-13 to 51A-7-25, inclusive. Source: SL 1996, ch 280, §14; SL 2021, ch 204, § 5.
SD Codified L § 51A-7-28 (2021)
2021 South Dakota Codified Laws|Title 51A - Banks and Banking|Chapter 07 - Branch Banks And Drive-In Facilities|Section 51A-7-28 - Prohibitions concerning bank names.

51A-7-28. Prohibitions concerning bank names.No provision of this chapter permits any person, partnership, association, or corporation to identify a newly formed bank, to rename an existing bank, or to open a branch of a newly formed or existing bank, if the effect of such formation, opening, or renaming would be likely to create confusion between the trade name, trademark, service mark, or trade identity of such bank or branch and an existing bank or branch having prior trade name, trademark, service mark, or trade identity rights in the trade area sought to be entered by such newly formed or renamed bank or branch. Source: SL 1996, ch 281.
SD Codified L § 51A-7-29 (2021)
2021 South Dakota Codified Laws|Title 51A - Banks and Banking|Chapter 07 - Branch Banks And Drive-In Facilities|Section 51A-7-29 - Intentional misleading as to source of product, service, or communication prohibited.

51A-7-29. Intentional misleading as to source of product, service, or communication prohibited.No person may use the word, bank, or any variation of the word, bank, or logo of an existing bank, trust company, savings association, savings bank, or affiliate in a manner that intentionally misleads a person about the source of origin, affiliation, or sponsorship of a product or service or about the true identity source of a communication regardless of the nature of the communication. Source: SL 2008, ch 252, §44.
SD Codified L § 51A-8-1 (2021)
2021 South Dakota Codified Laws|Title 51A - Banks and Banking|Chapter 08 - Remote Service Banking|Section 51A-8-1 - "Remote service unit" defined.

51A-8-1."Remote service unit" defined.The term, remote service unit, as used in this chapter means an automated teller machine or ATM which is a manned or unmanned device located separate and apart from a bank or branch bank through or by means of which information relating to banking services rendered to the public is electronically stored and transmitted, whether instantaneously or otherwise, to a bank and which provides for cash withdrawals and the depositing of funds. Source: SL 1976, ch 305, §1; SL 1988, ch 377, §129; SDCL, §51-20A-1; SL 1996, ch 282, §1.
SD Codified L § 51A-8-1.1 (2021)
2021 South Dakota Codified Laws|Title 51A - Banks and Banking|Chapter 08 - Remote Service Banking|Section 51A-8-1.1 - Deposits through use of remote service units--Limited to certain financial institutions.

51A-8-1.1. Deposits through use of remote service units--Limited to certain financial institutions.No person other than a national bank, a bank organized under the laws of this or any state, a savings and loan association or savings bank organized under the laws of the United States or this or any state, or a credit union organized under the laws of the United States, may accept deposits through the use of remote service units. Source: SL 2005, ch 253, §1.
SD Codified L § 51A-8-5 (2021)
2021 South Dakota Codified Laws|Title 51A - Banks and Banking|Chapter 08 - Remote Service Banking|Section 51A-8-5 - Branch bank provisions inapplicable.

51A-8-5. Branch bank provisions inapplicable.Remote service units as defined in this chapter are not branch banks as provided by chapter 51A-7. Source: SL 1976, ch 305, §4; SL 1988, ch 377, §131; SDCL, §51-20A-5.
SD Codified L § 51A-9-1 (2021)
2021 South Dakota Codified Laws|Title 51A - Banks and Banking|Chapter 09 - Bank Service Corporations|Section 51A-9-1 - "Bank service corporation" and "bank services" defined.

51A-9-1."Bank service corporation" and "bank services" defined.Terms as used in this chapter mean:(1)"Bank service corporation," any corporation organized to perform bank services for one or more banks, each of which owns part of the capital stock of such corporation.(2)"Bank services," activities which are a part of the business of banking or incidental thereto, including the servicing of mortgages and loans; the leasing of personal property; the operation of travel agencies; the operation of credit bureaus or collection or billing agencies; check and deposit sorting and posting; computation and posting of interest and other charges; preparation and mailing of checks, statements, notices and similar items; any other clerical, bookkeeping, accounting, statistical, or similar functions performed for a bank; or such other related activities as the commission may by rule determine to be part of the business of banking, provided that the receipt of deposits and the making of loans are not bank services for the purpose of this chapter. Source: SL 1963, ch 29, §1; SDCL, §51-9-1; SL 1969, ch 11, §7.1; SL 1970, ch 265, §40; SL 1988, ch 377, §132; SDCL, §51-21-1.
SD Codified L § 51A-9-2 (2021)
2021 South Dakota Codified Laws|Title 51A - Banks and Banking|Chapter 09 - Bank Service Corporations|Section 51A-9-2 - Investment in bank service corporation.

51A-9-2. Investment in bank service corporation.Any bank shall have power to purchase capital stock, bonds, debentures, or other such obligations of a bank service corporation. Source: SL 1963, ch 29, §2; SDCL, §51-9-3; SL 1969, ch 11, §7.2; SDCL, §51-21-2.
SD Codified L § 51A-9-3 (2021)
2021 South Dakota Codified Laws|Title 51A - Banks and Banking|Chapter 09 - Bank Service Corporations|Section 51A-9-3 - Authority of bank service corporation.

51A-9-3. Authority of bank service corporation.No bank service corporation may engage in any activity other than the performance of bank services for banks. Source: SL 1963, ch 29, §3; SDCL, §51-9-2; SL 1969, ch 11, §7.3; SDCL, §51-21-3.
SD Codified L § 51A-9-4 (2021)
2021 South Dakota Codified Laws|Title 51A - Banks and Banking|Chapter 09 - Bank Service Corporations|Section 51A-9-4 - Ownership of bank or bank holding company stock prohibited.

51A-9-4. Ownership of bank or bank holding company stock prohibited.No bank service corporation may purchase, hold or acquire the capital stock of any state or national bank or of any bank holding company. Source: SL 1970, ch 265, §41; SL 1988, ch 377, §133; SDCL, §51-21-3.1.
SD Codified L § 51A-9-5 (2021)
2021 South Dakota Codified Laws|Title 51A - Banks and Banking|Chapter 09 - Bank Service Corporations|Section 51A-9-5 - Examination of bank services.

51A-9-5. Examination of bank services.Any bank services performed by a bank service corporation for any bank, whether on or off the premises of such bank, shall, as to such bank, be subject to regulation and examination to the same extent as if such bank services were performed by the bank itself on the premises of such bank. Source: SL 1963, ch 29, §6; SDCL, §51-9-4; SL 1969, ch 11, §7.4; SDCL, §51-21-4.
SD Codified L § 51A-10-1 (2021)
2021 South Dakota Codified Laws|Title 51A - Banks and Banking|Chapter 10 - Bank Deposits|Section 51A-10-1 - "Deposit" or "deposits" defined.

51A-10-1."Deposit" or "deposits" defined.The word "deposit" or "deposits" shall be construed to be the unpaid balance of money or its equivalent, including "deposits subject to check"; "dividends unpaid"; "savings deposits"; "special deposits"; "trust deposits"; "certified checks" and "cashier's checks outstanding"; "demand certificates of deposit"; "time certificates of deposit"; "collections made but not remitted"; and "due to other banks," on which the bank is primarily liable except "overdrafts on correspondents"; or other terms of like import. If any bank has borrowed money on its bills payable, pursuant to a contract which grants permission to the loaning bank to appropriate and to apply any credit balance which the books of the loaning bank show to be due or owing to the borrowing bank, to be credited on such bills payable without regard to the date of maturity thereof, the money received on such bills payable by such borrowing banks shall be deemed "deposits." Source: SL 1915, ch 102, art 2, §30; RC 1919, §8977; SDC 1939, §6.0412; SDCL, §51-10-1; SL 1969, ch 11, §8.1; SL 1970, ch 265, §42; SL 1988, ch 377, §134; SDCL, §51-22-1.
SD Codified L § 51A-10-2 (2021)
2021 South Dakota Codified Laws|Title 51A - Banks and Banking|Chapter 10 - Bank Deposits|Section 51A-10-2 - Minors' accounts.

51A-10-2. Minors' accounts.A bank may operate its deposit account in the name of a minor or in the name of two or more persons, one or more of whom are minors, with the same effect upon its liability as if such minors were of full age. Source: SL 1909, ch 222, art 2, §44; SL 1915, ch 102, art 2, §48; RC 1919, §8996; SDC 1939, §6.0413; SDCL, §51-10-10; SL 1969, ch 11, §8.3; SDCL, §51-22-3.
SD Codified L § 51A-10-3 (2021)
2021 South Dakota Codified Laws|Title 51A - Banks and Banking|Chapter 10 - Bank Deposits|Section 51A-10-3 - Deposits in name of two or more persons.

51A-10-3. Deposits in name of two or more persons.Whenever a deposit has been made or shall hereafter be made, in any bank in the names of two or more persons, payable to any of them or payable to the survivor of them, such deposit or any part thereof, or any interest or dividend thereon, may be paid to any one or more of said persons whether the other be living or not, and the receipt or acquittance of the person or persons so paid shall be a valid and sufficient release and discharge to the bank for any payment so made. Source: SL 1911, ch 128; RC 1919, §8997; SDC 1939, §6.0414; SL 1951, ch 13; SDCL, §51-10-11; SL 1969, ch 11, §8.4; SDCL, §51-22-5.