reglab/housing_qa huggingface dataset:
SD Codified L § 51A-1-7 (2021)
2021 South Dakota Codified Laws|Title 51A - Banks and Banking|Chapter 01 - Definitions, General Provisions And Penalties|Section 51A-1-7 - Injunction against violation.

51A-1-7. Injunction against violation.Whenever a violation of this title by a bank or an officer, director, or employee thereof is threatened or pending, the director may make application pursuant to law for an injunction or other appropriate remedy. Source: SL 1969, ch 11, §1.5; SL 1988, ch 377, §5; SDCL, §51-15-5.
SD Codified L § 51A-1-8 (2021)
2021 South Dakota Codified Laws|Title 51A - Banks and Banking|Chapter 01 - Definitions, General Provisions And Penalties|Section 51A-1-8 - Liability of bank as insurer or as guarantor or endorser of security instrument prohibited.

51A-1-8. Liability of bank as insurer or as guarantor or endorser of security instrument prohibited.Except as expressly permitted in this title, a bank shall not assume liability as an insurer or as a guarantor or endorser of any security instrument or obligation in which or with respect to which it has no property interest. Source: SL 1969, ch 11, §1.6; SDCL, §51-15-6.
SD Codified L § 51A-1-9 (2021)
2021 South Dakota Codified Laws|Title 51A - Banks and Banking|Chapter 01 - Definitions, General Provisions And Penalties|Section 51A-1-9 - Concealment of bank transactions as misdemeanor.

51A-1-9. Concealment of bank transactions as misdemeanor.It is a Class 1 misdemeanor for an officer, director, employee or agent of a bank to conceal or endeavor to conceal any transaction of the bank from any officer, director or employee of the bank or any official or employee of the division to whom it should properly be disclosed. Source: SL 1969, ch 11, §1.8; SL 1970, ch 265, §2; SL 1980, ch 24, §81; SL 1988, ch 377, §7; SDCL, §51-15-8.
SD Codified L § 51A-1-10 (2021)
2021 South Dakota Codified Laws|Title 51A - Banks and Banking|Chapter 01 - Definitions, General Provisions And Penalties|Section 51A-1-10 - False entries--Obstruction of examination--Felonies.

51A-1-10. False entries--Obstruction of examination--Felonies.It is a Class 4 felony for an officer, director, employee, or agent of a bank:(1)With intent to deceive, to make any false or misleading statement or entry or omit any statement or entry that should be in any book, account, report, or statement of the bank; or(2)To obstruct or endeavor to obstruct a lawful examination of the bank by an officer or employee of the division. Source: SL 1969, ch 11, §1.9; SL 1970, ch 265, §3; SL 1980, ch 24, §82; SDCL, §51-15-9; SL 2006, ch 130, §18.
SD Codified L § 51A-1-11 (2021)
2021 South Dakota Codified Laws|Title 51A - Banks and Banking|Chapter 01 - Definitions, General Provisions And Penalties|Section 51A-1-11 - False filing as misdemeanor.

51A-1-11. False filing as misdemeanor.No person may knowingly file or cause to be filed any statement, information, application, report, document or other form of proof with the director or the commission which is in whole or in part materially false nor may any person knowingly make or cause to be made any false entry in any book, document, record, application, information or other proof filed with the director or the commission pursuant to this title or pursuant to an order or request of the director or commission. A violation of this section is a Class 1 misdemeanor. Source: SL 1981, ch 346, §3; SDCL, §51-15-16; SL 1988, ch 377, §12; SDCL, §51-15-9.1.
SD Codified L § 51A-1-12 (2021)
2021 South Dakota Codified Laws|Title 51A - Banks and Banking|Chapter 01 - Definitions, General Provisions And Penalties|Section 51A-1-12 - Payment or indemnification of person for fine, penalty or judgment unlawful--Civil liability--Exceptions--Action to recover payments.

51A-1-12. Payment or indemnification of person for fine, penalty or judgment unlawful--Civil liability--Exceptions--Action to recover payments.It is unlawful for a bank to pay a fine or penalty imposed by law upon any other person or to reimburse directly or indirectly any person by whom such fine or penalty has been paid. Any bank that makes an unlawful payment is subject to the imposition of a civil fine by the director or commission not to exceed one hundred dollars for each unlawful payment. A bank may reimburse any person in settlement of its own liability or in connection with the acquisition of property against which the judgment is a lien, or as provided in §51A-3-31. Any payments made by a bank in violation of this section are recoverable for the bank in an action instituted pursuant to the provisions of chapter 1-26 by the division from the person who benefited from such payment. Source: SL 1969, ch 11, §1.10; SL 1980, ch 24, §78; SL 1988, ch 377, §8; SDCL, §51-15-10.
SD Codified L § 51A-1-13 (2021)
2021 South Dakota Codified Laws|Title 51A - Banks and Banking|Chapter 01 - Definitions, General Provisions And Penalties|Section 51A-1-13 - Misappropriation of funds or information by officer, director, or employee as felony.

51A-1-13. Misappropriation of funds or information by officer, director, or employee as felony.Any officer, director or employee of a bank, who wrongfully diverts or takes any of the money, funds, credits, data, information or property of the bank, whether owned by it or held in trust, who wrongfully withholds payment or remittance of the proceeds of any collection which may come into his hands, who without authority of the directors, issues or puts forth any certificate of deposit, draws any order or bill of exchange, makes any acceptance, assigns any note, bond, draft, bill of exchange, judgment or mortgage, or who makes any false entry in any book, report or statement of the bank or report or statement required by the provisions of this title, with intent to injure the bank or any person, or to deceive any officer of the bank, anyone appointed to examine the affairs of the bank, or any other person, is guilty of a Class 5 felony. Source: SL 1909, ch 222, art 2, §§19, 39; SL 1911, ch 255, §32; SL 1915, ch 102, art 2, §§22, 43; RC 1919, §§8969, 8991, 9062; SL 1923, ch 116, §1; SDC 1939, §§6.9903, 6.9910; SDCL, §§51-1-2, 51-12-11; SL 1969, ch 11, §1.11; SL 1980, ch 24, §79; SL 1988, ch 377, §9; SDCL, §51-15-11.
SD Codified L § 51A-1-14 (2021)
2021 South Dakota Codified Laws|Title 51A - Banks and Banking|Chapter 01 - Definitions, General Provisions And Penalties|Section 51A-1-14 - Receipt, possession, or sale of misappropriated funds or information as felony.

51A-1-14. Receipt, possession, or sale of misappropriated funds or information as felony.Any person who receives, possesses, conceals, stores, barters, sells or disposes of any money, funds, credits, data, information or property, knowing the same to have been wrongfully diverted or taken from the bank, is guilty of a Class 5 felony. Source: SL 1988, ch 377, §10; SDCL, §51-15-11.1.
SD Codified L § 51A-1-15 (2021)
2021 South Dakota Codified Laws|Title 51A - Banks and Banking|Chapter 01 - Definitions, General Provisions And Penalties|Section 51A-1-15 - Acknowledgments by officers or employees of banks validated.

51A-1-15. Acknowledgments by officers or employees of banks validated.No public officer qualified to take acknowledgments or proofs of written instruments may be disqualified for taking the acknowledgment or proof of any instrument in writing in which a bank is interested by reason of his employment, whether as officer or employee, or by reason of his stock ownership or director status in a bank so interested, and any such acknowledgments or proofs taken before July 1, 1981, are hereby validated. Source: SL 1981, ch 346, §2; SDCL, §51-15-15.
SD Codified L § 51A-1-16 (2021)
2021 South Dakota Codified Laws|Title 51A - Banks and Banking|Chapter 01 - Definitions, General Provisions And Penalties|Section 51A-1-16 - Severability of provisions.

51A-1-16. Severability of provisions.If any provision of this title or the application thereof to any person or circumstance is held invalid, such invalidity shall not affect other provisions or applications to this title which can be given effect without the invalid provision or application, and to this end the provisions of this title are declared to be severable. Source: SL 1969, ch 11, §14.2, SDCL, §§51-15-14, 51-15-17.
SD Codified L § 51A-1-17 (2021)
2021 South Dakota Codified Laws|Title 51A - Banks and Banking|Chapter 01 - Definitions, General Provisions And Penalties|Section 51A-1-17 - No duty to disclose information about customers--Exceptions.

51A-1-17. No duty to disclose information about customers--Exceptions.Any regulated lender as defined in §54-3-14 has no duty to disclose information about its customers and has no duty to provide an opinion about the creditworthiness of its customers unless such information or opinion is required pursuant to a valid subpoena, court order, statute, or other legal process, or unless the customer authorizes the release of such information or opinion. A regulated lender may restrict the dissemination of information and creditworthiness of its customers by written policy or agreement. Source: SL 2000, ch 224, §1.
SD Codified L § 51A-1-18 (2021)
2021 South Dakota Codified Laws|Title 51A - Banks and Banking|Chapter 01 - Definitions, General Provisions And Penalties|Section 51A-1-18 - Agreements or compacts with other jurisdictions--Administration--Filing--Availability.

51A-1-18. Agreements or compacts with other jurisdictions--Administration--Filing--Availability.The director, with the approval of the commission, may enter into any agreement or compact with authorized representatives of other jurisdictions to provide for the administration of banking laws under the provisions of a signed agreement or compact. In administering any agreement on behalf of this state, the director may adopt the policies, principles, and guidelines contained within the agreement. Copies of the agreement or compact, procedures manual, and guidelines shall be filed within fifteen days after execution of the agreement or compact or the effective date of the agreement or compact, whichever is the later, at the Department of Labor and Regulation. The director shall make any agreement or compact available to interested parties, upon request. Source: SL 2005, ch 251, §1; SL 2008, ch 252, §3; SL 2011, ch 1 (Ex. Ord. 11-1), §162, eff. Apr. 12, 2011.
SD Codified L § 51A-2-1 (2021)
2021 South Dakota Codified Laws|Title 51A - Banks and Banking|Chapter 02 - Division Of Banking|Section 51A-2-1 - Establishment of Division of Banking.

51A-2-1. Establishment of Division of Banking.The Division of Banking is established and shall be administered under the direction and supervision of the Department of Labor and Regulation. The division is charged with supervision and control over the activities set forth in this title, and it shall exercise such other jurisdiction over such other activities as shall be conferred upon it by the Legislature. Source: SL 1909, ch 222, art 1, §1; SL 1915, ch 102, art 1, §1; SL 1917, ch 256, §1; RC 1919, §8917; SL 1933, ch 47, §5; SDC 1939, §6.0205 (1); SDCL §51-2-18; SL 1969, ch 11, §2.1; SL 1988, ch 377, §13; SDCL §51-16-1; SL 2004, ch 17, §299; SL 2011, ch 1 (Ex. Ord. 11-1), §162, eff. Apr. 12, 2011.
SD Codified L § 51A-2-2 (2021)
2021 South Dakota Codified Laws|Title 51A - Banks and Banking|Chapter 02 - Division Of Banking|Section 51A-2-2 - Department and commission as division within Department of Labor and Regulation--Direction and supervision by department--Independent functions retained by division.

51A-2-2. Department and commission as division within Department of Labor and Regulation--Direction and supervision by department--Independent functions retained by division.The Division of Banking shall be administered under the direction and supervision of the Department of Labor and Regulation and the secretary thereof. The division shall retain the quasi-judicial, quasi-legislative, advisory, and other nonadministrative functions (as defined in §1-32-1) otherwise vested in it and shall exercise those functions independently of the secretary. Source: SL 1973, ch 2 (Ex. Ord. 73-1), §43; SL 1973, ch 290, §2; SL 1988, ch 377, §14; SDCL §51-16-1.1; SL 2003, ch 272 (Ex. Ord. 03-1), §118, eff. Apr. 17, 2003; SL 2011, ch 1 (Ex. Ord. 11-1), §162, eff. Apr. 12, 2011.
SD Codified L § 51A-2-3 (2021)
2021 South Dakota Codified Laws|Title 51A - Banks and Banking|Chapter 02 - Division Of Banking|Section 51A-2-3 - Director of division--Vacancy--Qualifications.

51A-2-3. Director of division--Vacancy--Qualifications.The division shall be under the administrative control and supervision of the director. If the office of director is vacated a successor shall be appointed to fill the unexpired term then remaining.The director shall have such professional and business experience that, in the opinion of the secretary of labor and regulation, equip him to discharge the duties and fulfill the responsibilities of the office of director. Source: SL 1909, ch 222, art 1, §2; SL 1911, ch 256, §2; SL 1915, ch 102, art 1, §2; SL 1917, ch 140, §1; RC 1919, §8918; SL 1921, ch 135; SL 1933, ch 56; SDC 1939, §6.0206; SDCL §51-2-1; SL 1969, ch 11, §2.2; SL 1980, ch 370, §20; SL 1988, ch 377, §17; SDCL §51-16-2; SL 2003, ch 272, (Ex. Ord. 03-1), §24; SL 2011, ch 1 (Ex. Ord. 11-1), §162, eff. Apr. 12, 2011.
SD Codified L § 51A-2-4 (2021)
2021 South Dakota Codified Laws|Title 51A - Banks and Banking|Chapter 02 - Division Of Banking|Section 51A-2-4 - Director of division--Appointment and removal.

51A-2-4. Director of division--Appointment and removal.The director of the division shall be appointed by the secretary of labor and regulation and may be removed at the pleasure of the secretary. Source: SL 1973, ch 2, §45; SL 1973, ch 290, §3; SL 1980, ch 370, §21; SL 1988, ch 377, §18; SDCL §51-16-2.1; SL 1995, ch 2, §5; SL 2003, ch 272 (Ex. Ord. 03-1), §24; SL 2011, ch 1 (Ex. Ord. 11-1), §162, eff. Apr. 12, 2011.
SD Codified L § 51A-2-5 (2021)
2021 South Dakota Codified Laws|Title 51A - Banks and Banking|Chapter 02 - Division Of Banking|Section 51A-2-5 - Deputy director--Appointment--Powers and duties.

51A-2-5. Deputy director--Appointment--Powers and duties.The secretary of labor and regulation may appoint a deputy director who shall devote all of his time to the duties of the office.During the absence or disqualification of the director or during a vacancy in such office, the deputy, as acting director, shall perform the duties of the director. Source: SL 1909, ch 222, art 1, §2; SL 1911, ch 256, §2; SL 1915, ch 102, art. 1, §2; SL 1917, ch 140, §1; RC 1919, §8918; SL 1921, ch 135; SL 1933, ch 56; SDC 1939, §6.0207; SDCL §51-2-2; SL 1969, ch 11, §2.3; SL 1979, ch 322; SL 1988, ch 377, §19; SDCL §51-16-3; SL 2003, ch 272 (Ex. Ord. 03-1), §24; SL 2011, ch 1 (Ex. Ord. 11-1), §162, eff. Apr. 12, 2011.
SD Codified L § 51A-2-6 (2021)
2021 South Dakota Codified Laws|Title 51A - Banks and Banking|Chapter 02 - Division Of Banking|Section 51A-2-6 - Staff employees--Compensation--Dismissal--Background investigation.

51A-2-6. Staff employees--Compensation--Dismissal--Background investigation.The division may employ examiners and special examiners, legal counsel, clerks, stenographers and other aides as deemed necessary to assist the director in the performance of the director's duties. The division shall fix the compensation of each employee and may dismiss any employee not subject to the provisions of chapter 3-6D at will.Each person hired by the Division of Banking, in any capacity, shall agree to submit to a background investigation, by means of fingerprint checks by the Division of Criminal Investigation and the Federal Bureau of Investigation. The division shall submit completed fingerprint cards to the Division of Criminal Investigation before the prospective new employee enters into service. If no disqualifying record is identified at the state level, the fingerprints shall be forwarded by the Division of Criminal Investigation to the Federal Bureau of Investigation for a national criminal history record check. Any person whose employment is subject to the requirements of this section may enter into service on a temporary basis pending receipt of results from the background investigation. The division may, without liability, withdraw its offer of employment or terminate the temporary employment without notice if the report reveals that the person has been convicted of any financial crime, or any crime that otherwise reveals circumstances that reasonably suggest that the person should not be employed by the division. Source: SL 1909, ch 222, art 1, §§2, 10; SL 1911, ch 256, §§2, 12; SL 1915, ch 102, art 1, §§2, 13; SL 1917, ch 140, §1; RC 1919, §§8918, 8929; SL 1921, ch 135; SL 1925, ch 98; SL 1927, ch 51; SL 1933, ch 56; SDC 1939, §§6.0208, 6.0209, 6.0211, 6.0212; SDCL §§51-2-3 to 51-2-6; SL 1969, ch 11, §2.4; SL 1988, ch 377, §20; SDCL §51-16-4; SL 2007, ch 275, §1; SL 2018, ch 12, §24.
SD Codified L § 51A-2-7 (2021)
2021 South Dakota Codified Laws|Title 51A - Banks and Banking|Chapter 02 - Division Of Banking|Section 51A-2-7 - Appointment of State Banking Commission--Director as executive officer--Qualifications of members.

51A-2-7. Appointment of State Banking Commission--Director as executive officer--Qualifications of members.The commission shall consist of five members appointed by the Governor, all of whom shall be residents of the state. The director shall be the executive officer of the commission and shall comply with and enforce all orders and directions of the commission.Three of the members of the commission shall be officers or directors of a state or national bank at the time of and during their appointment. However, no more than one member of the commission may be an officer or director of a national bank at the time of appointment. The remaining two members of the commission shall have the qualifications provided by law except that they need not be officers or directors of a bank, nor associated in any way with the business of banking. Source: SL 1933, ch 47, §1; SDC 1939, §6.0201; SL 1941, ch 13; SL 1945, ch 26; SDCL, §§51-2-8, 51-2-17; SL 1969, ch 11, §2.6; SL 1970, ch 265, §3.1; SL 1975, ch 7, §2; SL 1978, ch 350, §2; SL 1988, ch 377, §21; SDCL, §51-16-6.
SD Codified L § 51A-2-8 (2021)
2021 South Dakota Codified Laws|Title 51A - Banks and Banking|Chapter 02 - Division Of Banking|Section 51A-2-8 - Terms of commission members--Vacancies--Removal for cause.

51A-2-8. Terms of commission members--Vacancies--Removal for cause.The term of office of members of the commission as created by this chapter is three years each. However, the term of office of only one member who is a director or officer of a bank may expire each year.Vacancies arising other than from the natural expiration of a term shall be appointed for the remainder of the unexpired term only and such appointees shall meet the qualifications prescribed by law for the vacated position. All appointments to the commission are effective on the thirty-first day of October in which the Governor appoints the member, unless otherwise designated by the Governor. Members shall serve until their successors are appointed and qualified. Any member may be removed by the Governor for cause. The three-year terms expire on October thirtieth in the third year of appointment.Any member's term ending June 30, 2013, or thereafter is extended to October thirtieth in the year the term is to expire. Source: SL 1933, ch 47, §1; SDC 1939, §6.0201; SL 1941, ch 13; SL 1945, ch 26; SL 1966, ch 11; SDCL §51-2-10; SL 1969, ch 11, §2.8; SL 1970, ch 265, §4; SL 1975, ch 7, §3; SL 1988, ch 377, §23; SDCL §51-16-8; SL 2012, ch 16, §2; SL 2013, ch 176, §2.
SD Codified L § 51A-2-9 (2021)
2021 South Dakota Codified Laws|Title 51A - Banks and Banking|Chapter 02 - Division Of Banking|Section 51A-2-9 - Chairman and secretary of commission--Per diem and expenses of members.

51A-2-9. Chairman and secretary of commission--Per diem and expenses of members.The commission shall elect a chairman from its members. The commission shall select a secretary who need not be one of its members. Each member shall be reimbursed for his expenses and shall receive an allowance for each day actually and necessarily spent in the performance of his duties in accordance with §4-7-10.4. Source: SL 1933, ch 47, §2; SDC 1939, §6.0201; SL 1941, ch 13; SL 1945, ch 26; SL 1966, ch 11; SDCL, §51-2-15; SL 1969, ch 11, §2.9; SL 1978, ch 350, §3; SDCL, §51-16-9.
SD Codified L § 51A-2-10 (2021)
2021 South Dakota Codified Laws|Title 51A - Banks and Banking|Chapter 02 - Division Of Banking|Section 51A-2-10 - Meetings of commission.

51A-2-10. Meetings of commission.The commission shall hold at least two regular meetings each year. Special meetings, to be held on such notice as the director may direct, may be called at any time upon the written request of two members or by the director. All meetings shall be held at the office of the director unless another location in the state is designated by the director for the meeting. The commission shall keep an official record of all its proceedings. Source: SL 1933, ch 47, §4; SDC 1939, §6.0204; SDCL §51-2-14; SL 1969, ch 11, §2.10; SL 1970, ch 265, §5; SL 1981, ch 346, §4; SL 1988, ch 377, §24; SDCL §51-16-10; SL 2008, ch 252, §4.
SD Codified L § 51A-2-11 (2021)
2021 South Dakota Codified Laws|Title 51A - Banks and Banking|Chapter 02 - Division Of Banking|Section 51A-2-11 - Quorum--Replacement of nonparticipating member.

51A-2-11. Quorum--Replacement of nonparticipating member.A majority of the voting members of the commission constitutes a quorum for the conduct of all business. At any meeting at which a quorum is not present, whether by reason of the inability of the member to participate or the member's disqualification pursuant to §51A-2-16, the Governor or the Governor's designee, temporarily assuming the powers and duties of a member of the commission, shall replace the interested member of the commission. The commission as then composed shall proceed with the matters before it. Source: SL 1969, ch 11, §2.11; SL 1970, ch 265, §6; SL 1988, ch 377, §25; SDCL §51-16-11; SL 2008, ch 252, §5.
SD Codified L § 51A-2-12 (2021)
2021 South Dakota Codified Laws|Title 51A - Banks and Banking|Chapter 02 - Division Of Banking|Section 51A-2-12 - Clerical, technical, and legal assistance for commission.

51A-2-12. Clerical, technical, and legal assistance for commission.The commission may contract for the services of such clerical, technical and legal assistance as it may require. Source: SL 1969, ch 11, §2.12; SL 1988, ch 377, §26; SDCL, §51-16-12.
SD Codified L § 51A-2-13 (2021)
2021 South Dakota Codified Laws|Title 51A - Banks and Banking|Chapter 02 - Division Of Banking|Section 51A-2-13 - Rules promulgated by commission.

51A-2-13. Rules promulgated by commission.The commission may promulgate necessary rules pursuant to chapter 1-26, consistent with the laws of this state, for the management and administration of banks and other banking entities, their subsidiaries and affiliates, over which it has jurisdiction as set forth in this title, and to regulate its own procedure and practice. Source: SL 1933, ch 47, §5; SDC 1939, §6.0205 (3); SDCL, §51-2-19; SL 1969, ch 11, §2.13 (2); SL 1975, ch 290; SL 1977, ch 397; SL 1988, ch 377, §28; SDCL, §51-16-14.